Light & Wonder Inc (LNW)
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 | 9.50 | 5.70 | 4.01 | 5.27 | 4.64 | 6.90 | 6.54 | 5.83 | 7.16 | 5.61 | 5.96 | 5.01 | 4.82 | 5.85 | 5.53 | 3.28 | 6.82 | 5.21 | 8.47 | 8.71 | |
| Number of days of payables | days | 38.42 | 64.04 | 91.09 | 69.32 | 78.61 | 52.94 | 55.78 | 62.60 | 50.96 | 65.09 | 61.21 | 72.85 | 75.67 | 62.39 | 65.96 | 111.21 | 53.52 | 70.02 | 43.07 | 41.92 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.50
= 38.42
The number of days of payables for Light & Wonder Inc has demonstrated some fluctuations over the reported periods, ranging from a low of 38.42 days as of December 31, 2024, to a high of 111.21 days as of March 31, 2021.
On average, the payables turnover period for the company appears to be within a reasonable range, with most values falling between 50 to 70 days. Notable deviations from this range include the peaks at 111.21 days in March 2021 and 91.09 days in June 2024, which may suggest potential issues with the company's payment cycle efficiency during those periods.
Overall, monitoring the number of days of payables can provide insights into Light & Wonder Inc's ability to manage its outstanding obligations to suppliers and optimize its working capital management. It is essential for the company to strike a balance between optimizing cash flow and maintaining healthy vendor relationships. Consideration of industry norms and trends in payables turnover can help evaluate the company's performance relative to its peers.
Peer comparison
Dec 31, 2024