Inter Parfums Inc (IPAR)

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		14.50	13.36	11.54	11.57	12.29	13.21	11.94	11.09	11.30	11.21	10.69	11.78	9.95	15.19	10.78	12.05	14.46	19.83	16.73	14.15
Number of days of payables	days	25.16	27.33	31.63	31.55	29.70	27.62	30.57	32.91	32.29	32.56	34.14	30.97	36.68	24.03	33.87	30.29	25.23	18.40	21.82	25.80

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.50
= 25.16

The number of days of payables for Inter Parfums Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, on March 31, 2020, the company had a payable period of 25.80 days, which decreased to 18.40 days by September 30, 2020, indicating a more efficient management of payables during that period.

However, the number of days of payables increased to 36.68 days by December 31, 2021, demonstrating a potential delay in paying off obligations. This trend was followed by a gradual decrease to 27.62 days by September 30, 2023, possibly indicating an improvement in managing payables once again.

The number of days of payables stood at 25.16 days on December 31, 2024, showing a slight decrease compared to the previous period. Overall, fluctuations in the number of days of payables can reflect the company's ability to effectively manage its accounts payable and negotiate favorable credit terms with its suppliers.