Integra LifeSciences Holdings (IART)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 19.63 | 15.70 | 13.08 | 22.23 | 23.34 | |
| Number of days of payables | days | 18.59 | 23.25 | 27.90 | 16.42 | 15.64 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.63
= 18.59
The number of days of payables for Integra LifeSciences Holdings has shown a fluctuating trend over the past 5 years. In December 2020, the company took approximately 15.64 days to pay its suppliers, which increased slightly to 16.42 days by the end of December 2021. There was a significant increase in the number of days of payables to 27.90 days as of December 2022, indicating a potential extension in payment terms negotiated with suppliers.
However, by December 2023, the number of days of payables decreased to 23.25 days, suggesting a possible improvement in the company's working capital management. In the most recent data available as of December 2024, the number of days of payables further reduced to 18.59 days, indicating a shorter period taken by the company to settle its payables compared to the previous year.
It is essential to monitor changes in the number of days of payables as they can reflect the efficiency of the company's cash flow management and relationships with suppliers. Fluctuations in this ratio may point to changes in payment terms, cash flow constraints, or negotiation strategies impacting the company's overall financial health and liquidity position.
Peer comparison
Dec 31, 2024