Exelixis Inc (EXEL)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 17.45 | 18.22 | 15.85 | 18.74 | 13.95 | |
| Number of days of payables | days | 20.92 | 20.03 | 23.03 | 19.48 | 26.17 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.45
= 20.92
To analyze Exelixis Inc's number of days of payables, we observe a decreasing trend from 26.17 days as of December 31, 2020, to 19.48 days as of December 31, 2021, showing an improvement in the company's ability to pay its suppliers. The metric then slightly increased to 23.03 days as of December 31, 2022, before decreasing again to 20.03 days as of December 31, 2023. By December 31, 2024, the number of days of payables stood at 20.92 days. Overall, the trend suggests that Exelixis Inc has managed its payables effectively, with some fluctuations in the number of days required to settle its obligations to suppliers over the years.
Peer comparison
Dec 31, 2024