Integra LifeSciences Holdings (IART)

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 18.74 19.32 13.66 14.99 15.03 14.46 13.23 11.44 12.51 16.08 18.80 14.85 21.26 16.25 14.61 14.12 15.36 23.12 20.40 13.19
Number of days of payables days 19.47 18.89 26.72 24.36 24.28 25.23 27.58 31.90 29.17 22.70 19.42 24.58 17.16 22.47 24.99 25.85 23.77 15.79 17.89 27.68

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 18.74
= 19.47

The number of days of payables for Integra LifeSciences Holdings has fluctuated over the past few years, ranging from a low of 15.79 days in September 2020 to a high of 31.90 days in March 2023. As of December 31, 2024, the number of days of payables stands at 19.47 days.

A lower number of days of payables indicates that the company is taking less time to pay its suppliers, which can be beneficial in terms of maintaining good relationships and potentially negotiating better terms. On the other hand, a higher number of days of payables may suggest that the company is taking longer to pay its suppliers, which could signal potential liquidity issues or inefficiencies in managing working capital.

Overall, it is essential for Integra LifeSciences Holdings to closely monitor and manage its number of days of payables to ensure a healthy balance between optimizing cash flow and maintaining positive supplier relationships.