Keysight Technologies Inc (KEYS)
Number of days of payables
Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 11.09 | 12.06 | 12.56 | 11.90 | 11.68 | 11.86 | 11.39 | 10.58 | 9.70 | 9.98 | 10.30 | 10.96 | 11.34 | 13.19 | 12.97 | 13.43 | 13.35 | 15.38 | 16.62 | 14.01 | |
Number of days of payables | days | 32.92 | 30.25 | 29.05 | 30.68 | 31.25 | 30.77 | 32.03 | 34.51 | 37.61 | 36.56 | 35.45 | 33.32 | 32.18 | 27.67 | 28.15 | 27.19 | 27.34 | 23.73 | 21.96 | 26.05 |
October 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.09
= 32.92
Keysight Technologies Inc's number of days of payables has shown some fluctuations over the past two years, ranging from 21.96 days to 37.61 days. The company's payables turnover seems to be relatively stable in recent periods, with the latest value reported at 32.92 days as of October 31, 2024. This indicates that, on average, it takes Keysight Technologies about 32.92 days to pay its suppliers or creditors. The decreasing trend from the high of 37.61 days in October 2022 to the low of 21.96 days in October 2020 suggests that the company may be managing its payables more effectively. It is essential for investors and analysts to monitor this ratio over time to assess the company's liquidity and management of supplier relationships.
Peer comparison
Oct 31, 2024