Hasbro Inc (HAS)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.31 | 7.48 | 8.04 | 7.29 | 7.09 | 7.17 | 7.48 | 9.80 | 6.89 | 4.62 | 7.19 | 8.32 | 6.51 | 6.05 | 8.08 | 8.74 | 6.85 | 4.87 | 7.40 | 10.37 | |
| Number of days of payables | days | 35.42 | 48.76 | 45.40 | 50.06 | 51.49 | 50.90 | 48.79 | 37.26 | 53.00 | 78.96 | 50.77 | 43.87 | 56.03 | 60.31 | 45.16 | 41.78 | 53.26 | 74.89 | 49.33 | 35.19 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.31
= 35.42
Based on the analysis of Hasbro, Inc.'s number of days of payables over the past eight quarters, there seems to be a fluctuating trend in the company's ability to pay its suppliers. In Q4 2023, Hasbro took approximately 72.87 days to pay its outstanding payables, which is a decrease from the previous quarter's 79.16 days.
Looking back over the last year, the number of days of payables has ranged from a high of 101.38 days in Q3 2022 to a low of 70.51 days in Q1 2023. This variability may indicate potential inconsistencies or changes in the company's payment policies or vendor relationships.
Overall, it is important for Hasbro to closely monitor and manage its payables turnover to ensure efficient cash flow management and maintain strong relationships with suppliers. Monitoring fluctuations in the number of days of payables can provide insights into the company's liquidity position and working capital management.