Interpublic Group of Companies Inc (IPG)
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 | 1.87 | 2.45 | 2.40 | 2.45 | 1.92 | 2.42 | 2.28 | 2.11 | 1.65 | 2.06 | 2.06 | 2.27 | 1.88 | 2.72 | 3.28 | 2.60 | 2.01 | 2.56 | 2.38 | 2.48 | |
| Number of days of payables | days | 194.85 | 148.98 | 151.84 | 149.01 | 190.19 | 151.13 | 160.09 | 173.15 | 221.18 | 177.13 | 177.58 | 160.60 | 193.79 | 134.36 | 111.32 | 140.22 | 181.42 | 142.66 | 153.34 | 147.31 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.87
= 194.85
The number of days of payables for Interpublic Group Of Cos., Inc. has been fluctuating over the past eight quarters. In Q1 2022, the company had 3,069.33 days of payables, which increased to 4,028.92 days in Q2 2022. Subsequently, in Q3 2022, there was a significant spike in the number of days of payables to 6,989.43 days, which has been the highest recorded value in the provided data. However, in the most recent quarters, the data is not available, indicating a possible reporting discrepancy or a change in reporting format. Overall, the company's number of days of payables has exhibited variability, with Q3 2022 showing a notable increase compared to earlier periods.
Peer comparison
Dec 31, 2023