Leidos Holdings Inc (LDOS)
Number of days of payables
| Dec 31, 2024 | Sep 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 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 19.61 | — | — | 17.93 | — | — | — | 16.80 | — | — | — | 16.94 | — | — | — | 14.45 | — | — | — | 16.12 | |
| Number of days of payables | days | 18.62 | — | — | 20.36 | — | — | — | 21.73 | — | — | — | 21.55 | — | — | — | 25.27 | — | — | — | 22.64 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.61
= 18.62
The number of days of payables for Leidos Holdings Inc has shown a fluctuating trend over the years. As of December 31, 2019, the company took approximately 22.64 days to pay its trade payables. This number increased to 25.27 days by December 31, 2020, before decreasing to 21.55 days by December 31, 2021.
Moving forward, the number of days of payables dropped further to 20.36 days by December 31, 2023, indicating a potential improvement in the company's ability to manage its payables efficiently. As of the most recent available data on December 31, 2024, Leidos Holdings Inc recorded a further decrease to 18.62 days of payables.
This trend suggests that the company may be managing its payments to suppliers effectively, possibly negotiating favorable terms or improving working capital management practices. A lower number of days of payables generally indicates that the firm is paying its obligations more promptly, which could positively impact its relationships with suppliers and overall liquidity position.
Peer comparison
Dec 31, 2024