Incyte Corporation (INCY)

Number of days of payables

Dec 31, 2024 Sep 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 Dec 31, 2019
Payables turnover 1.55 1.55 1.58 2.33 1.75 1.54 3.98 0.75 1.17 0.91 1.08 0.88 1.25 1.13 1.57 1.33 1.04 1.35 1.95 1.37
Number of days of payables days 236.17 235.66 231.34 156.89 208.20 237.64 91.80 489.40 310.67 401.66 338.71 416.05 291.38 323.20 233.03 274.50 351.49 269.91 186.94 267.23

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.55
= 236.17

The number of days of payables for Incyte Corporation has fluctuated over the years as per the provided data. The company has recorded an average number of days to pay its payables of approximately 250 days.

In December 2019, the number of days of payables was 267.23 days, indicating that on average, it took the company approximately 267 days to pay its outstanding payables. This number decreased to 186.94 days by March 2020, reflecting an improvement in the company's ability to manage its payables efficiently.

However, there was an increase in the number of days of payables to 351.49 days by September 2020, which suggests that the company was taking longer to pay its suppliers during that period. Subsequently, there were fluctuations in the number of days of payables over the following quarters, with values ranging from 233.03 days to 416.05 days.

In the most recent period, as of December 2024, the number of days of payables stood at 236.17 days, indicating a moderate level of payables management by the company. Overall, Incyte Corporation's number of days of payables shows variability and it is important to monitor this metric to assess the company's liquidity and operational efficiency.