Generac Holdings Inc (GNRC)
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 | 7.73 | 8.08 | 8.39 | 9.02 | 10.18 | 8.91 | 7.81 | 8.71 | 8.64 | 7.26 | 5.83 | 4.67 | 4.32 | 4.29 | 4.57 | 5.49 | 5.84 | 6.69 | 7.72 | 6.65 | |
| Number of days of payables | days | 47.20 | 45.15 | 43.50 | 40.48 | 35.87 | 40.97 | 46.76 | 41.91 | 42.27 | 50.28 | 62.57 | 78.08 | 84.42 | 85.12 | 79.93 | 66.48 | 62.51 | 54.55 | 47.25 | 54.90 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.73
= 47.20
Generac Holdings Inc's number of days of payables has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The number of days of payables measures how long the company takes to pay its suppliers and is an important indicator of the company's liquidity and relationship with its suppliers.
The trend in Generac Holdings Inc's number of days of payables shows an initial decrease from 54.90 days on March 31, 2020, to a low of 35.87 days on December 31, 2023. This decrease indicates that the company may be managing its payables more efficiently, possibly negotiating better terms with suppliers or improving its working capital management.
However, there was a slight increase in the number of days of payables to 47.20 days on December 31, 2024, which may indicate a change in the company's payment practices or relationships with suppliers during that period.
Overall, monitoring Generac Holdings Inc's number of days of payables can provide insights into the company's financial health, operational efficiency, and management of working capital.
Peer comparison
Dec 31, 2024
See also:
Generac Holdings Inc Average Payables Payment Period (Quarterly Data)