Intuitive Surgical Inc (ISRG)

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		25.20	21.54	23.49	22.90	23.20	21.41	20.62	24.30	25.81	22.36	23.54	26.53	26.78	19.37	18.56	19.70	24.40	17.17	17.93	14.48
Number of days of payables	days	14.48	16.95	15.54	15.94	15.73	17.04	17.70	15.02	14.14	16.32	15.51	13.76	13.63	18.84	19.67	18.53	14.96	21.26	20.35	25.21

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 some fluctuations over the years. From March 31, 2020, to December 31, 2024, the trend indicates a general decrease followed by some stabilization. The company's average number of days of payables decreased from 25.21 days in March 2020 to 14.48 days in December 2024, with some ups and downs in between. This suggests that Intuitive Surgical Inc has been managing its payables efficiently, possibly negotiating better payment terms with its suppliers or streamlining its payment processes. A lower number of days of payables indicates that the company is paying its suppliers more quickly, which can have implications for its cash flow management and relationships with suppliers.