Krystal Biotech Inc (KRYS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 22.81 | 23.81 | 19.53 | 4.81 | 7.16 | |
| Number of days of payables | days | 16.00 | 15.33 | 18.69 | 75.89 | 51.01 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 22.81
= 16.00
Based on the data provided, the number of days of payables for Krystal Biotech Inc has fluctuated over the years.
In 2020, the company took an average of 51.01 days to pay its suppliers and vendors. This figure increased significantly by the end of 2021, reaching 75.89 days. However, the company managed to reduce its payables period substantially by the end of 2022, with only 18.69 days outstanding. This trend continued into 2023, where the number of days of payables decreased further to 15.33 days.
By the end of 2024, the company's payables period increased slightly to 16.00 days, still remaining at a relatively low level compared to previous years.
Overall, the trend in the number of days of payables for Krystal Biotech Inc shows variability, with the company managing to optimize its payables management effectively in some years while experiencing fluctuations in other years. This variability may be influenced by factors such as changes in the company's payment policies, supplier relationships, and overall financial performance.
Peer comparison
Dec 31, 2024