JBTMarel Corp (JBTM)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.02 | 4.96 | 8.32 | 7.48 | 7.75 | 7.53 | 7.99 | 10.12 | 8.96 | 5.65 | 7.57 | 5.50 | 5.77 | 6.34 | 7.00 | 6.82 | 6.79 | 7.76 | 8.49 | 8.33 | |
| Number of days of payables | days | 60.58 | 73.62 | 43.89 | 48.79 | 47.09 | 48.47 | 45.66 | 36.08 | 40.72 | 64.60 | 48.25 | 66.41 | 63.25 | 57.60 | 52.16 | 53.50 | 53.74 | 47.04 | 43.01 | 43.84 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.02
= 60.58
The analysis of JBTMarel Corp's number of days of payables over the specified periods reveals notable fluctuations, reflecting the company's evolving management of accounts payable.
From September 30, 2020, through September 30, 2021, the days payable remained relatively stable, ranging from approximately 43 to 54 days. Specifically, there was a gradual increase during this period, from 43.84 days in September 2020 to a peak of 53.74 days in June 2021, indicating the company was extending its payment terms with suppliers during this interval.
Between September 30, 2021, and September 30, 2022, the days of payables continued to rise, reaching a high of 66.41 days in September 2022. This suggests an increasing delay in settling payables, potentially aiming to optimize cash flow or influenced by supplier credit terms.
Following this peak, a significant decrease is observed, with the days of payables dropping to 48.25 days by December 31, 2022. The reduction signifies a possible effort to shorten payment cycles or improving liquidity management.
However, from December 31, 2022, onwards, there are fluctuations: the figure rose again to 64.60 days in March 2023 before decreasing substantially to 40.72 days in June 2023. Subsequently, the days of payables experienced minor increases and decreases, settling around 48 to 49 days in late 2023 and early 2024.
A notable deviation occurs with the data for March 31, 2025, where the days of payables sharply increased to 73.62 days, followed by a still elevated 60.58 days in June 2025. This sudden extension indicates a potential strategic shift—possibly delaying payments to manage cash flows amid operational or strategic considerations or changes in supplier agreements.
Overall, the company's days payable show a pattern of periods of extension and contraction, reflecting responsive adjustments to operational needs, liquidity management strategies, or negotiated supplier terms. The large increase towards the end of the observed timeframe warrants further investigation into corporate policies or external factors influencing payables practices.
Peer comparison
Jun 30, 2025