ZoomInfo Technologies Inc. (GTM)

The analysis of ZoomInfo Technologies Inc.'s number of days of payables over the specified period reveals a notable fluctuation in the company's accounts payable turnover. As of December 31, 2020, the company’s payable period was approximately 29.20 days, indicating a comparatively quick payment cycle to suppliers. By December 31, 2021, this period increased significantly to 42.45 days, suggesting a gradual extension in the time taken to settle payables. The upward trend continued markedly in 2022, with the payable days reaching 68.97 days, nearly doubling the 2020 figure, which may reflect changes in payment terms, supplier negotiations, or liquidity management strategies. The subsequent year, 2023, saw a slight increase to 70.34 days, indicating a stabilization at an elevated level. However, in 2024, the payable days decreased substantially to 31.92 days, indicating a significant reduction in the payment period, potentially reflecting improved cash management, renegotiated payable terms, or a strategic shift towards faster payments to suppliers. Overall, the data shows a trend of initially increasing payable days, peaking in 2023, followed by a notable decrease in 2024, which may have implications for the company's working capital management and cash flow practices.

Peer comparison

Dec 31, 2024