Edgewell Personal Care Co (EPC)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.92 | 6.74 | 5.64 | 5.42 | 5.88 | |
| Number of days of payables | days | 61.67 | 54.13 | 64.68 | 67.31 | 62.12 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.92
= 61.67
The number of days of payables for Edgewell Personal Care Co has fluctuated over the past five years. In 2024, the company's number of days of payables was 61.67 days, showing an increase from the previous year, where it was 54.13 days. This indicates that the company took longer to pay its suppliers in 2024 compared to 2023.
Looking back further, in 2022, the number of days of payables was 64.68 days, which was higher compared to 2021 (67.31 days) and 2020 (62.12 days). This suggests that the company's payment cycle to suppliers was more efficient in 2020 and 2021 compared to 2022.
Overall, the trend in the number of days of payables for Edgewell Personal Care Co shows some variability, indicating changes in the company's payment practices and relationships with suppliers over the years. It is essential for investors and analysts to monitor this metric to assess the company's working capital management and liquidity position.
Peer comparison
Sep 30, 2024