Leidos Holdings Inc (LDOS)

Number of days of payables

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		17.93	—	—	—	16.80	—	—	—	16.94	—	—	—	14.45	—	—	—	16.12	—	—	—
Number of days of payables	days	20.36	—	—	—	21.73	—	—	—	21.55	—	—	—	25.27	—	—	—	22.64	—	—	—

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.93
= 20.36

The number of days of payables for Leidos Holdings Inc has shown some fluctuations over the past few quarters. As of December 31, 2023, the company takes approximately 20.36 days to pay its outstanding payables. This indicates that the company is efficient in managing its payables by promptly settling its obligations to suppliers and vendors. However, without data for the recent quarters, it is challenging to discern a trend or make comparisons. Monitoring this ratio over consecutive periods can provide insights into the company's liquidity management and supplier relationships.