Eagle Materials Inc (EXP)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.22 | 12.38 | 13.67 | 11.80 | 14.43 | |
| Number of days of payables | days | 29.87 | 29.49 | 26.71 | 30.92 | 25.30 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.22
= 29.87
The number of days of payables for Eagle Materials Inc has shown a slight increase from 25.30 days as of March 31, 2021, to 30.92 days as of March 31, 2022. This was followed by a decrease to 26.71 days as of March 31, 2023, before rising again to 29.49 days as of March 31, 2024. As of the latest reporting period on March 31, 2025, the number of days of payables stands at 29.87 days.
Overall, the trend suggests that Eagle Materials Inc has been managing its payables effectively, although there have been some fluctuations over the years. It is important for the company to strike a balance between optimizing its payment terms with suppliers and maintaining good relationships while ensuring efficient cash flow management.