ExlService Holdings Inc (EXLS)
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 | 281.12 | 374.60 | 493.06 | 460.94 | 275.35 | 429.20 | 436.01 | 377.02 | 156.62 | 331.40 | 249.54 | 215.13 | 171.14 | 249.14 | 174.49 | 78.26 | 92.75 | 104.17 | 73.95 | 84.80 | |
| Number of days of payables | days | 1.30 | 0.97 | 0.74 | 0.79 | 1.33 | 0.85 | 0.84 | 0.97 | 2.33 | 1.10 | 1.46 | 1.70 | 2.13 | 1.47 | 2.09 | 4.66 | 3.94 | 3.50 | 4.94 | 4.30 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 281.12
= 1.30
ExlService Holdings Inc's number of days of payables has shown a decreasing trend over the analyzed period, signaling an improvement in the company's ability to manage its accounts payables efficiently. The company's number of days of payables decreased from 4.30 days as of March 31, 2020, to 1.30 days as of December 31, 2024. This indicates that ExlService Holdings Inc is taking fewer days to pay its suppliers, which could suggest improved cash flow management or negotiation power with suppliers. Overall, the decreasing trend in the number of days of payables reflects positively on the company's financial health and working capital management.
Peer comparison
Dec 31, 2024