Integra LifeSciences Holdings (IART)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		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	11.32	13.58	11.94	12.72
Number of days of payables	days	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	32.25	26.87	30.57	28.69

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.03
= 24.28

Integra Lifesciences Holdings Corp's number of days of payables has shown fluctuations over the past eight quarters, ranging from a low of 42.87 days in Q2 2022 to a high of 69.45 days in Q1 2023. The trend indicates a general increase in the number of days it takes for the company to pay its suppliers. This suggests a potential liquidity challenge or tightening of working capital management during the relevant period. It is important for the company to closely monitor and manage its payables to ensure optimal cash flow and financial health.