Intuitive Surgical Inc (ISRG)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		25.20	23.20	25.81	26.78	33.86
Number of days of payables	days	14.48	15.73	14.14	13.63	10.78

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 25.20
= 14.48

The number of days of payables for Intuitive Surgical Inc has shown a gradual increase over the years, from 10.78 days as of December 31, 2020, to 14.48 days as of December 31, 2024. This indicates that the company is taking slightly longer to pay its suppliers and vendors, which could suggest a change in its payment policies or possibly a shift in supplier relationships. This trend should be carefully monitored to ensure that it does not negatively impact the company's cash flow or relationships with suppliers in the long term.