Eagle Materials Inc (EXP)
Number of days of payables
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.22 | 13.30 | 12.00 | 10.59 | 12.38 | 13.23 | 13.42 | 12.91 | 13.67 | 13.96 | 12.84 | 12.92 | 11.80 | 13.08 | 12.52 | 12.78 | 14.45 | 16.69 | 14.55 | 14.04 | |
| Number of days of payables | days | 29.87 | 27.45 | 30.42 | 34.46 | 29.49 | 27.59 | 27.20 | 28.27 | 26.71 | 26.14 | 28.44 | 28.24 | 30.92 | 27.90 | 29.15 | 28.56 | 25.25 | 21.87 | 25.08 | 25.99 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.22
= 29.87
Eagle Materials Inc's number of days of payables has shown some fluctuations over the periods provided. The company's payables turnover period varied from a low of 21.87 days on December 31, 2020, to a high of 34.46 days on June 30, 2024. On average, Eagle Materials Inc took approximately 27-30 days to pay its suppliers during the periods mentioned in the data.
It is worth noting that a high 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 low number of days of payables may suggest that the company is paying its bills more promptly but could also imply a potential cash flow issue.
Overall, the trend in Eagle Materials Inc's number of days of payables should be evaluated in conjunction with other financial metrics to gain a comprehensive understanding of the company's liquidity management and operational efficiency.