Liquidity Services Inc (LQDT)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.58 | 5.72 | 4.64 | 4.36 | 7.40 | |
| Number of days of payables | days | 79.63 | 63.82 | 78.67 | 83.77 | 49.29 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.58
= 79.63
The number of days of payables for Liquidity Services Inc has fluctuated over the past five years, with a range from a low of 49.29 days in 2020 to a high of 83.77 days in 2021. In 2024, the number of days of payables was 79.63 days, indicating a longer period within which the company pays its suppliers compared to the previous year. This increase may suggest a shift towards slower payments to suppliers, potentially signaling liquidity issues or changes in vendor relationships. Further analysis of the company's payment practices and supplier management strategies is recommended to better understand the implications of this trend on its financial performance and overall efficiency.
Peer comparison
Sep 30, 2024