Entegris Inc (ENTG)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Payables turnover		9.08	10.10	13.03	14.68	15.10	15.04	16.66	12.36	10.93	8.97	9.41	9.71	9.48	9.83	12.11	11.40	12.37	13.62	11.46	10.94
Number of days of payables	days	40.21	36.13	28.01	24.87	24.18	24.27	21.91	29.53	33.39	40.68	38.81	37.58	38.51	37.12	30.15	32.02	29.51	26.80	31.85	33.35

December 31, 2024 calculation

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

Entegris Inc's number of days of payables has shown fluctuations over the years based on the data provided. The number of days of payables measures how long, on average, it takes for the company to pay its suppliers or vendors.

From March 31, 2020, to June 30, 2022, the number of days of payables remained relatively stable, fluctuating between around 30 to 40 days. However, there was a significant decrease in the number of days of payables from June 30, 2022, to September 30, 2024, where it dropped to as low as 21.91 days. This indicates that the company was taking fewer days to pay its suppliers during this period.

Subsequently, from September 30, 2024, to December 31, 2024, there was an increase in the number of days of payables to 40.21 days. This suggests that the company may have taken longer to settle its payables at the end of 2024 compared to earlier periods.

Overall, the trend in Entegris Inc's number of days of payables reveals variability in the company's payment practices over time, which may be influenced by factors such as cash flow management, negotiating payment terms with suppliers, or changes in business operations.