Gartner Inc (IT)
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 | 75.40 | — | — | — | 52.57 | — | — | — | 55.02 | — | — | — | 92.24 | — | — | — | 115.94 | — | — | — | |
| Number of days of payables | days | 4.84 | — | — | — | 6.94 | — | — | — | 6.63 | — | — | — | 3.96 | — | — | — | 3.15 | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 75.40
= 4.84
The number of days of payables for Gartner, Inc. in Q4 2023 was 12.11 days. This represents a decrease from 17.93 days in Q4 2022. A lower number of days of payables indicates that the company is taking fewer days to pay its suppliers, which may be interpreted positively as it reflects efficient management of payables. However, it is important to consider the trend over multiple periods to assess the consistency and sustainability of this improvement. The lack of data for previous quarters in 2023 limits the ability to conduct a more comprehensive analysis of the company's payables management efficiency during the year.
Peer comparison
Dec 31, 2023