Gen Digital Inc. (GEN)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 11.08 | 7.65 | 6.48 | 6.96 | |
Number of days of payables | days | — | 32.95 | 47.72 | 56.36 | 52.43 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided, the number of days of payables for Gen Digital Inc. has shown some fluctuations over the past five years.
As of March 31, 2021, the company had an average payables period of approximately 52.43 days, indicating that it took around 52 days on average for Gen Digital Inc. to pay its suppliers. This figure increased to about 56.36 days by March 31, 2022, suggesting a slight delay in settling payables.
By March 31, 2023, the number of days of payables decreased to around 47.72 days, potentially signaling improved efficiency in managing payables or a shift in payment terms with suppliers.
The trend continued with a further decrease to approximately 32.95 days by March 31, 2024. This significant reduction may indicate efforts to optimize working capital management, negotiate better terms with suppliers, or streamline payment processes.
The data for March 31, 2025, indicates "— days," possibly suggesting missing or unavailable information for that year. This lack of data limits the ability to analyze the number of days of payables for that specific period.
Overall, the fluctuations in the number of days of payables for Gen Digital Inc. demonstrate variations in the company's payables management efficiency and relationships with suppliers over the analyzed period.
Peer comparison
Mar 31, 2025