Hayward Holdings Inc (HAYW)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.41 | 15.57 | 14.07 | 14.80 | 18.83 | 16.71 | 11.80 | 11.91 | 12.29 | ||||
| Number of days of payables | days | 49.23 | 23.44 | 25.95 | 24.65 | 19.39 | 21.84 | 30.92 | 30.64 | 29.71 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.41
= 49.23
Hayward Holdings Inc's number of days of payables has shown fluctuations over the past eight quarters. The trend indicates an increase in the number of days of payables from Q3 2022 to Q1 2023, reaching a peak of 48.81 days in Q4 2023. This suggests that the company is taking longer to pay off its suppliers or trade payables.
On average, in the recent quarters, Hayward Holdings Inc has taken around 35-45 days to settle its payables. A higher number of days of payables may indicate that the company is stretching out its payments to suppliers, potentially to improve cash flow management or financial flexibility.
Overall, an upward trend in the number of days of payables can have implications on the company's relationships with suppliers, its liquidity position, and working capital management. It is essential for stakeholders to closely monitor this metric to understand the company's payment practices and financial health.
Peer comparison
Dec 31, 2023