Kenvue Inc. (KVUE)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.16 | 4.78 | 4.45 | 3.97 | 3.46 | |
| Number of days of payables | days | 59.24 | 76.40 | 82.00 | 91.95 | 105.43 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.16
= 59.24
The number of days of payables for Kenvue Inc. has shown a decreasing trend over the five periods analyzed. As of December 31, 2023, the company took approximately 105.43 days to pay its suppliers, which decreased to around 91.95 days by March 31, 2024. Subsequently, the number of days further decreased to 82.00 days by June 30, 2024, indicating an improvement in the efficiency of payables management.
The trend continued in the following periods, with the number of days of payables reducing to 76.40 days by September 30, 2024, and to the lowest point of 59.24 days as of December 31, 2024. This downward trend suggests that Kenvue Inc. has been able to negotiate better payment terms with its suppliers or has improved its cash flow management, enabling the company to settle its payables more promptly.
Overall, the decreasing trend in the number of days of payables indicates improved liquidity and cash flow management for Kenvue Inc.еб
Peer comparison
Dec 31, 2024