Entegris Inc (ENTG)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		9.08	15.10	10.93	9.48	12.37
Number of days of payables	days	40.21	24.18	33.39	38.51	29.51

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.08
= 40.21

Based on the data provided, Entegris Inc's number of days of payables has fluctuated over the years. The trend indicates that the company has been taking longer to pay its suppliers over the years.

As of December 31, 2020, Entegris Inc took approximately 29.51 days, on average, to pay its trade payables. This figure increased to 38.51 days by December 31, 2021, suggesting a possible strain on the company's working capital management.

However, by December 31, 2022, the number of days of payables decreased to 33.39 days, indicating a potential improvement in payables management. The trend continued to improve as by December 31, 2023, the number of days of payables reduced to 24.18 days, reflecting the company's ability to optimize its cash flow and payment cycles.

Nonetheless, there was a reversal in this positive trend by December 31, 2024, with the number of days of payables rising to 40.21 days. This increase may suggest a change in the company's payment policies or liquidity constraints impacting its ability to settle obligations promptly.

Overall, fluctuations in Entegris Inc's number of days of payables highlight the importance of closely monitoring working capital metrics to ensure efficient cash flow management and healthy supplier relationships.