LivaNova PLC (LIVN)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 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
Payables turnover 13.35 12.31 11.71 12.25 11.37 13.90 12.57 12.61 12.54 13.02 10.34 10.82 11.99 13.30 13.13 12.09 10.15 9.76 10.58 9.11
Number of days of payables days 27.34 29.65 31.17 29.81 32.11 26.26 29.03 28.94 29.10 28.03 35.29 33.73 30.45 27.44 27.79 30.18 35.96 37.39 34.51 40.07

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.35
= 27.34

The number of days of payables is a financial ratio that indicates the average number of days it takes for a company to pay its suppliers or trade creditors. For LivaNova PLC, the number of days of payables has shown some fluctuation over the past few years.

From March 31, 2020, to December 31, 2021, the number of days of payables decreased steadily from 40.07 days to 30.45 days, indicating a more efficient management of payables within that period. However, there was a slight increase to 33.73 days by March 31, 2022, before declining again to 26.26 days by September 30, 2023, which could suggest improved payment terms negotiation with suppliers.

The ratio saw some volatility in the following quarters, hovering around the 30-day mark until December 31, 2024, where it decreased to 27.34 days. Overall, LivaNova PLC has generally maintained a relatively stable range for its number of days of payables, indicating a consistent approach to managing its supplier payment cycle.