Hawkins Inc (HWKN)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.24 | 12.87 | 14.34 | 9.42 | 12.68 | |
| Number of days of payables | days | 29.83 | 28.37 | 25.46 | 38.76 | 28.79 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.24
= 29.83
Hawkins Inc's number of days of payables has shown variability over the past five years. It decreased from 28.79 days as of March 31, 2021, to 25.46 days as of March 31, 2023, reflecting a more efficient payment cycle during this period. However, the metric then increased to 29.83 days as of March 31, 2025, indicating a lengthened period for paying off its obligations. Overall, Hawkins Inc's management of payables has shown fluctuations, and it may be beneficial for the company to maintain a balance between extending payment terms and managing cash flow effectively.
Peer comparison
Mar 31, 2025
Company name
Symbol
Number of days of payables
Hawkins Inc
HWKN
29.83
Ashland Global Holdings Inc
ASH
52.25