Genpact Limited (G)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 104.77 | 79.16 | 103.68 | 173.84 | 104.39 | |
| Number of days of payables | days | 3.48 | 4.61 | 3.52 | 2.10 | 3.50 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 104.77
= 3.48
The number of days of payables for Genpact Ltd has varied over the past five years. The trend shows fluctuations in the efficiency of paying off its trade payables. In 2023, Genpact took approximately 3.48 days to settle its payables, a decrease from 4.61 days in 2022. This suggests that the company improved its ability to manage and pay off its trade payables more quickly in 2023 compared to the previous year. However, when compared to 2021 and 2019, where it took 3.52 days and 3.50 days respectively, the current efficiency level seems relatively stable. The data indicates that Genpact Ltd has been maintaining a relatively consistent performance in managing its payables over the past five years, with some fluctuations in efficiency.
Peer comparison
Dec 31, 2023