Glaukos Corp (GKOS)

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 28.39 31.92 29.46 25.49 23.40 28.15 33.20 23.18 18.62 22.98 12.17 31.83 34.38 29.68 35.66 28.39 60.44 40.79 29.48 19.97
Number of days of payables days 12.86 11.44 12.39 14.32 15.60 12.97 10.99 15.75 19.61 15.89 29.98 11.47 10.62 12.30 10.23 12.86 6.04 8.95 12.38 18.27

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 28.39
= 12.86

The number of days of payables for Glaukos Corp has shown fluctuations over the past several quarters. As of December 31, 2024, the company had an average of 12.86 days of payables outstanding. This indicates that on average, Glaukos takes approximately 12.86 days to pay off its trade payables.

It is interesting to note that the number of days of payables has ranged from a low of 6.04 days on December 31, 2020, to a high of 29.98 days on June 30, 2022. These fluctuations suggest changes in the company's payment practices and potentially its relationship with suppliers.

Overall, observing the trend in the number of days of payables can provide insights into Glaukos Corp's liquidity management, cash flow dynamics, and relationships with vendors. A decreasing trend may indicate improved efficiency in managing payables, while an increasing trend may signal potential liquidity challenges or deliberate efforts to extend payment terms.