Heidrick & Struggles International (HSII)
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 | 42.97 | 46.95 | 50.82 | 48.88 | 45.06 | 47.65 | 56.23 | 50.63 | 59.76 | 54.06 | 57.25 | 56.81 | 42.76 | 42.58 | 41.65 | 66.86 | 71.01 | 43.11 | 39.62 | 34.37 | |
| Number of days of payables | days | 8.49 | 7.78 | 7.18 | 7.47 | 8.10 | 7.66 | 6.49 | 7.21 | 6.11 | 6.75 | 6.38 | 6.42 | 8.54 | 8.57 | 8.76 | 5.46 | 5.14 | 8.47 | 9.21 | 10.62 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 42.97
= 8.49
The number of days of payables for Heidrick & Struggles International has fluctuated over the period from March 31, 2020, to December 31, 2024. The trend shows a gradual decrease in the number of days it takes the company to pay its outstanding payables.
At the beginning of the period, on March 31, 2020, the number of days of payables was 10.62 days, indicating that, on average, the company takes approximately 10.62 days to settle its payables. This figure gradually decreased to a low of 5.14 days on December 31, 2020.
From thereon, the trend became more fluctuating but generally remained on a downward trajectory until June 30, 2022, where it reached 6.38 days. Subsequently, there was some variation in the following quarters, with the number of days of payables hovering around 6 to 8 days.
Overall, the decreasing trend in the number of days of payables for Heidrick & Struggles International indicates that the company has been managing its payables more efficiently over the analyzed period. This could be a result of improved working capital management practices or changes in the company's payment processes.
Peer comparison
Dec 31, 2024