Henry Schein Inc (HSIC)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.53 | 11.70 | 13.78 | 13.51 | 11.50 | 9.31 | 10.73 | 10.15 | 8.69 | 12.40 | 13.30 | 13.05 | 11.09 | 7.97 | 8.97 | 7.75 | 6.57 | 6.55 | 8.92 | 9.16 | |
| Number of days of payables | days | 29.14 | 31.19 | 26.48 | 27.03 | 31.73 | 39.20 | 34.01 | 35.96 | 41.99 | 29.43 | 27.44 | 27.96 | 32.91 | 45.80 | 40.68 | 47.12 | 55.58 | 55.69 | 40.91 | 39.85 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.53
= 29.14
The number of days of payables for Henry Schein Inc has shown fluctuations over the years based on the provided data. The company's payables turnover period decreased from 39.85 days as of March 31, 2020, to 29.14 days as of December 31, 2024. This indicates that the company's ability to settle its accounts payable has improved over this period.
It is essential to note that a lower number of days of payables suggests that the company is taking fewer days to pay its suppliers, which may signify efficient cash management or possibly improved negotiation terms.
The trend in the number of days of payables should be monitored closely as it can provide insights into the company's liquidity position, cash flow management, and supplier relationships over time. A decreasing trend may indicate improved working capital management, while a significant increase may raise concerns about the company's ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024