Genpact Limited (G)
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 | 84.38 | 162.74 | 104.34 | 104.23 | 104.77 | 108.21 | 68.38 | 126.27 | 79.16 | 100.99 | 102.23 | 126.80 | 103.68 | 100.72 | 97.38 | 111.94 | 173.84 | 79.18 | 125.27 | 91.31 | |
| Number of days of payables | days | 4.33 | 2.24 | 3.50 | 3.50 | 3.48 | 3.37 | 5.34 | 2.89 | 4.61 | 3.61 | 3.57 | 2.88 | 3.52 | 3.62 | 3.75 | 3.26 | 2.10 | 4.61 | 2.91 | 4.00 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 84.38
= 4.33
Genpact Limited's number of days of payables has shown fluctuations over the reported periods. The metric indicates the average number of days it takes for the company to pay its suppliers. From March 31, 2020, to December 31, 2024, the number of days of payables ranged from as low as 2.10 days to as high as 5.34 days.
In the earlier periods, the company managed to effectively extend its payables, with the number of days consistently below 4 days. However, there was a noticeable increase in the number of days of payables in June 30, 2023, when it reached its highest level of 5.34 days. This spike could indicate a potential change in payment strategies or challenges in managing supplier relationships.
Following the peak in June 30, 2023, Genpact Limited made efforts to reduce its payables, as seen in subsequent periods with the metric ranging between 2.24 days and 4.33 days. This demonstrates the company's ability to adapt and optimize its payment processes.
Overall, fluctuations in the number of days of payables can reflect changes in the company's working capital management, supplier terms, and overall financial health. Further analysis of the underlying reasons behind these variations and their impact on the company's operations and financial performance would provide deeper insights into Genpact Limited's financial management strategies.
Peer comparison
Dec 31, 2024