Glaukos Corp (GKOS)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		29.35	24.33	20.08	33.86	60.75
Number of days of payables	days	12.44	15.00	18.18	10.78	6.01

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 29.35
= 12.44

The number of days of payables for Glaukos Corp has shown an increasing trend over the years. From 6.01 days as of December 31, 2020, the number of days of payables rose to 10.78 days by December 31, 2021. This trend continued with further increases to 18.18 days as of December 31, 2022, and then decreased slightly to 15.00 days by December 31, 2023. As of the most recent data point on December 31, 2024, the number of days of payables stands at 12.44 days.

This upward trend in the number of days of payables may indicate that Glaukos Corp is taking longer to pay its suppliers or may have renegotiated payment terms to better manage its cash flow. It is important for the company to monitor this metric closely to ensure it maintains favorable relationships with its suppliers while also effectively managing its working capital.