Leidos Holdings Inc (LDOS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 19.67 | 17.93 | 16.80 | 16.94 | 14.45 | |
| Number of days of payables | days | 18.56 | 20.36 | 21.73 | 21.55 | 25.27 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.67
= 18.56
The number of days of payables for Leidos Holdings Inc has shown a decreasing trend over the past five years. It was 25.27 days as of December 31, 2020, and decreased to 18.56 days by December 31, 2024. This suggests that the company is taking fewer days to pay its suppliers and vendors, which may indicate improved efficiency in managing its payable obligations. A lower number of days of payables can also imply stronger cash flow management and potentially better relationships with suppliers. Overall, this declining trend in the number of days of payables for Leidos Holdings Inc reflects positively on the company's financial operations.
Peer comparison
Dec 31, 2024