Hayward Holdings Inc (HAYW)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Payables turnover | 11.69 | 18.82 | 12.29 | |
| Number of days of payables | days | 31.22 | 19.39 | 29.71 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.69
= 31.22
The number of days of payables for Hayward Holdings Inc has shown fluctuations over the past three years. In 2023, the company took approximately 48.81 days on average to pay its suppliers, compared to 27.50 days in 2022 and 42.78 days in 2021. This indicates that in 2023, Hayward Holdings Inc took longer to settle its payables compared to the previous year. A longer number of days of payables may suggest that the company is taking longer to pay its suppliers, potentially affecting relationships and cash flow management. It would be important for the company to monitor this metric closely and strive for efficiency in managing its payables going forward.
Peer comparison
Dec 31, 2023