Hawkins Inc (HWKN)
Number of days of payables
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.24 | 18.38 | 14.16 | 15.01 | 12.87 | 17.28 | 12.37 | 13.84 | 14.34 | 15.11 | 12.06 | 12.16 | 9.42 | 13.01 | 12.42 | 13.22 | 12.68 | 14.49 | 13.33 | 13.93 | |
| Number of days of payables | days | 29.83 | 19.86 | 25.77 | 24.31 | 28.37 | 21.13 | 29.50 | 26.38 | 25.46 | 24.15 | 30.26 | 30.02 | 38.76 | 28.06 | 29.38 | 27.60 | 28.79 | 25.18 | 27.39 | 26.19 |
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 some fluctuations over the time period provided. The average number of days of payables for the period is approximately 27 days. The trend indicates that the company takes around a month to pay its suppliers.
The number of days of payables ranged from a low of 19.86 days on December 31, 2024, to a high of 38.76 days on March 31, 2022. This suggests that the company's payment cycle has varied significantly over the years.
Overall, the number of days of payables can be used to assess how efficiently Hawkins Inc manages its accounts payable. A higher number of days of payables may indicate that the company is taking longer to pay its suppliers, potentially benefiting from extended credit terms. Conversely, a lower number of days of payables may suggest that the company is paying off its suppliers more quickly.
Peer comparison
Mar 31, 2025