Genpact Limited (G)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 104.39 | 104.86 | 86.27 | 67.69 | |
| Number of days of payables | days | 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 | 3.50 | 3.48 | 4.23 | 5.39 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 104.77
= 3.48
Genpact Ltd's number of days of payables has fluctuated over the past eight quarters, ranging from a low of 2.88 days in Q1 2022 to a high of 5.34 days in Q2 2023. This metric indicates the average number of days it takes for the company to pay its suppliers and reflects its efficiency in managing its accounts payable.
A lower number of days of payables generally suggests that the company is taking longer to pay its suppliers, which could indicate strong bargaining power with suppliers or potentially strained supplier relationships. On the other hand, a higher number of days of payables may indicate a more conservative approach to managing cash flow and working capital.
It is important to further analyze the trend of this ratio over time and compare it to industry benchmarks to gain a better understanding of Genpact Ltd's payment practices and financial health. Additionally, assessing the company's overall liquidity position and cash management practices alongside this ratio could provide more insights into its financial stability and operational efficiency.
Peer comparison
Dec 31, 2023