Ethan Allen Interiors Inc (ETD)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | 9.19 | 9.25 | 10.47 | 11.52 | 9.78 | 10.89 | 11.94 | 11.10 | 9.38 | 8.91 | 7.28 | 8.23 | 8.23 | 4.74 | 4.06 | 4.58 | 4.34 | |
| Number of days of payables | days | — | — | — | 39.73 | 39.47 | 34.87 | 31.68 | 37.32 | 33.52 | 30.58 | 32.88 | 38.89 | 40.95 | 50.13 | 44.35 | 44.38 | 77.05 | 89.90 | 79.77 | 84.00 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The analysis of Ethan Allen Interiors Inc.'s days payable outstanding over the specified periods reveals notable trends and fluctuations. At the end of September 2020, the company recorded an average of 84.00 days of payables, indicating the period it took to settle supplier obligations. This figure decreased over the subsequent quarter, reaching 79.77 days by December 2020.
During the first quarter of 2021, the days payable increased again to 89.90 days, suggesting a delay in payments or strategic extension of payables. However, in the subsequent quarter, the metric declined significantly to 77.05 days as of June 2021. This fluctuation persisted into the third quarter of 2021, when the payables days sharply decreased to 44.38 days, representing a drastic reduction in the average time taken to pay suppliers.
In the subsequent periods, there was a stabilization around the mid-40s, with December 2021 recording 44.35 days. The trend showed minor variability through 2022, with the days payable decreasing further, reaching a low of 32.88 days at the close of December 2022 and maintaining relatively low levels through March, June, and September 2023, at 30.58, 33.52, and 37.32 days respectively.
A slight increase was observed heading into late 2024, with payables rising to 39.73 days in September 2024. By the end of 2024, the figure decreased again to 31.68 days in December. The first quarter of 2025 reflected a modest upward trend to 34.87 days, followed by a further increase to 39.47 days in June 2025, indicating a potential gradual elongation in the payment cycle.
Overall, the data indicates a significant early volatility in the company's accounts payable cycle, with a general trend toward shorter payment periods from late 2020 to 2022, followed by stabilization at lower levels. The recent upward movement in 2024 and into mid-2025 suggests a possible strategic relaxation of payment terms or shifts in supplier arrangements. The absence of data beyond mid-2025 prevents further assessment of long-term trends.
Peer comparison
Jun 30, 2025