The Hain Celestial Group Inc (HAIN)

The trend in The Hain Celestial Group Inc's number of days of payables over the past five years indicates fluctuations. In the most recent fiscal year ending on June 30, 2024, the number of days of payables increased to 37.64 days from 25.77 days in the previous year. This suggests that the company took longer to pay its suppliers compared to the prior year.

Looking at the historical data, we observe that the number of days of payables was highest in 2020 at 32.00 days and then showed a decreasing trend in 2021 and 2023 before increasing again in 2024. The variability in the number of days of payables may indicate changes in the company's payment policies or the timing of payments to suppliers.

Analyzing the number of days of payables can provide insights into the company's liquidity position and its relationship with suppliers. A longer number of days of payables may indicate that the company is able to hold onto cash for a longer period, which could improve short-term liquidity but may strain supplier relationships if extended payment terms are not mutually beneficial. Conversely, a lower number of days of payables may suggest efficient cash management but could also indicate potential liquidity constraints or difficulties in managing supplier relationships.

Overall, monitoring The Hain Celestial Group Inc's number of days of payables along with other financial metrics can help stakeholders assess the company's working capital management, financial health, and potential risks related to its supplier relationships.

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Jun 30, 2024