LivaNova PLC (LIVN)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 13.47 | 11.52 | 12.72 | 12.17 | 13.66 | |
| Number of days of payables | days | 27.09 | 31.67 | 28.70 | 29.98 | 26.72 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.47
= 27.09
Based on the data provided, LivaNova PLC's number of days of payables has shown some fluctuations over the years. It increased from 26.72 days as of December 31, 2020, to 29.98 days as of December 31, 2021, indicating a longer period of time taken to pay off its payables.
However, the number of days of payables decreased slightly to 28.70 days as of December 31, 2022, before increasing again to 31.67 days as of December 31, 2023. This suggests a potential slowdown in payment efficiency.
The latest available data, as of December 31, 2024, shows a decrease in the number of days of payables to 27.09 days, possibly indicating an improvement in the company's ability to manage its payables more efficiently compared to the previous year.
Overall, the trend in LivaNova PLC's number of days of payables reflects some variation over the years, with both increases and decreases observed. It is important for the company to monitor and manage this metric effectively to maintain a balanced approach in managing its financial obligations.
Peer comparison
Dec 31, 2024