Kratos Defense & Security Solutions (KTOS)
Number of days of payables
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.57 | 10.41 | 13.91 | 14.34 | 13.10 | 12.29 | 13.14 | 12.50 | 12.84 | 11.81 | 11.95 | 10.35 | 11.36 | 11.63 | 13.50 | 9.90 | 10.88 | 9.83 | 9.67 | 11.57 | |
| Number of days of payables | days | 34.53 | 35.07 | 26.23 | 25.45 | 27.86 | 29.71 | 27.77 | 29.20 | 28.42 | 30.90 | 30.55 | 35.26 | 32.12 | 31.37 | 27.05 | 36.85 | 33.55 | 37.14 | 37.73 | 31.53 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.57
= 34.53
The number of days of payables for Kratos Defense & Security Solutions exhibits fluctuations over the analyzed period. Beginning at approximately 31.53 days as of June 30, 2020, the figure increased to a peak of 37.73 days by September 30, 2020, and remained relatively high through the subsequent quarters, reaching 37.14 days at year-end 2020. Throughout 2021, there was some variability, with payables decreasing to 27.05 days in September 2021 before slightly rising again to 31.37 days at the end of the year.
In 2022, the days of payables mostly stabilized around the low 30s, with minor fluctuations; specifically, they ranged between approximately 30.55 days in September 2022 and 35.26 days in June 2022. The trend continued into 2023, with a slight decrease to around 28.42 days by March 2023, followed by a modest increase to nearly 29.71 days by the end of the year.
The data indicates a general pattern of variability, with periods of both increase and decrease. Notably, the highest value observed was approximately 37.73 days in September 2020, signaling extended credit periods during that time. Conversely, in late 2024 and into early 2025, payables declined to around 25.45 and 34.53 days, respectively, reflecting efforts to shorten outstanding payables or changes in payment policies. Overall, the trend displays cyclical fluctuations without a consistent directional movement, suggesting the company's payables management responds to operational or strategic considerations over time.
Peer comparison
Mar 31, 2025