Gen Digital Inc. (GEN)
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 | 9.18 | 8.86 | 9.02 | 10.06 | 11.83 | 11.79 | 11.02 | 10.25 | 7.92 | 6.95 | 6.79 | 6.04 | 6.48 | 4.89 | 4.79 | 4.97 | 6.96 | 5.37 | 5.70 | 6.43 | |
Number of days of payables | days | 39.76 | 41.18 | 40.46 | 36.28 | 30.85 | 30.96 | 33.14 | 35.62 | 46.07 | 52.54 | 53.77 | 60.41 | 56.36 | 74.62 | 76.20 | 73.39 | 52.43 | 67.93 | 64.07 | 56.74 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.18
= 39.76
Gen Digital Inc.'s number of days of payables has seen fluctuations over the past few years. As of March 31, 2025, the company's number of days of payables was approximately 39.76 days. This indicates that, on average, it takes Gen Digital Inc. about 39.76 days to pay its suppliers and vendors.
Analyzing the trend over the period, we observe variations in the number of days of payables. There was a gradual decrease in the number of days of payables from June 30, 2023, to December 31, 2024, suggesting the company was managing its payables more efficiently during that period. However, the number of days of payables increased slightly as of March 31, 2025, compared to the previous two quarters.
Overall, the trend in the number of days of payables may indicate changes in the company's payment policies or vendor relations. A decreasing trend could potentially signal improved cash flow management or negotiation power with suppliers, while an increasing trend could indicate challenges in managing working capital or changes in procurement practices. Further analysis of the company's financial performance and operational strategies would be necessary to fully interpret the implications of these trends in the number of days of payables for Gen Digital Inc.
Peer comparison
Mar 31, 2025