Edgewell Personal Care Co (EPC)
Number of days of payables
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.92 | 6.22 | 5.95 | 6.70 | 6.74 | 5.49 | 5.45 | 5.30 | 5.64 | 5.32 | 5.31 | 5.29 | 5.43 | 5.12 | 5.48 | 5.83 | 5.88 | 6.06 | 6.07 | 6.01 | |
| Number of days of payables | days | 61.67 | 58.66 | 61.32 | 54.51 | 54.13 | 66.51 | 66.94 | 68.92 | 64.68 | 68.65 | 68.79 | 68.98 | 67.24 | 71.28 | 66.59 | 62.57 | 62.12 | 60.22 | 60.09 | 60.78 |
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 shown some fluctuation over the past few years. On average, the company takes around 60-70 days to pay its suppliers.
The trend seems to indicate that the number of days of payables has been fairly consistent, with some minor variations from period to period. This suggests that Edgewell Personal Care Co has a stable payment cycle in place with its suppliers.
It is important to note that a longer number of days of payables may indicate that the company is taking longer to pay its bills, which could potentially strain relationships with suppliers. On the other hand, a shorter number of days of payables could suggest efficient management of working capital, but also potentially indicate aggressive supplier negotiation or potential liquidity issues.
Overall, the number of days of payables provides insight into how efficiently Edgewell Personal Care Co manages its accounts payable and cash flow, and should be considered in conjunction with other financial ratios and metrics for a comprehensive analysis of the company's financial health.
Peer comparison
Sep 30, 2024