Keysight Technologies Inc (KEYS)
Number of days of payables
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 11.09 | 11.68 | 9.69 | 11.34 | 13.35 | |
| Number of days of payables | days | 32.92 | 31.25 | 37.68 | 32.18 | 27.34 |
October 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.09
= 32.92
The number of days of payables for Keysight Technologies Inc has fluctuated over the past five years, ranging from 27.34 days in 2020 to 37.68 days in 2022. In 2023, it decreased slightly to 31.25 days before increasing again to 32.92 days in 2024.
A lower number of days of payables indicates that the company is taking less time to pay its suppliers, which may signify efficient management of working capital. Conversely, a higher number of days of payables suggests that the company is taking longer to settle its payables, potentially indicating liquidity challenges.
Overall, analyzing the trend in the number of days of payables can provide insights into the company's relationship with its suppliers and its working capital management strategies.
Peer comparison
Oct 31, 2024