Henry Schein Inc (HSIC)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.53 | 11.50 | 11.91 | 11.09 | 9.65 | |
| Number of days of payables | days | 29.13 | 31.73 | 30.66 | 32.91 | 37.81 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.53
= 29.13
Henry Schein Inc's number of days of payables has shown a general trend of decrease over the past five years, declining from 37.81 days as of December 31, 2020, to 29.13 days as of December 31, 2024. This indicates that the company is taking fewer days to pay its suppliers, which can be a positive sign of efficient management of working capital.
The decreasing trend in the number of days of payables suggests that Henry Schein Inc has been able to optimize its payment terms with suppliers, potentially improving cash flow management and overall liquidity position. However, it is essential to monitor this metric closely to ensure that the company maintains a balance between managing payables effectively and maintaining good relationships with suppliers.
Peer comparison
Dec 31, 2024