Haemonetics Corporation (HAE)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 9.13 | 8.42 | 8.66 | 8.36 | 9.40 | |
Number of days of payables | days | 39.97 | 43.36 | 42.15 | 43.69 | 38.84 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.13
= 39.97
Haemonetics Corporation's number of days of payables has shown fluctuations over the past years. As of March 31, 2021, the company had an average payment period of 38.84 days, which increased slightly to 43.69 days by March 31, 2022. In the following years, the number of days of payables remained relatively stable, hovering around 42-43 days.
It is important to note that as of March 31, 2025, the data shows "— days," indicating a missing value or data point for that period. This could potentially be due to reporting issues or changes in the company's financial reporting practices.
Overall, the trend in Haemonetics Corporation's number of days of payables suggests a moderate payment period, which can have implications for the company's working capital management and relationships with suppliers. Further analysis of the company's financial statements and industry benchmarks may provide additional insights into its payables management and operational efficiency.
Peer comparison
Mar 31, 2025