Stride Inc (LRN)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 33.24 | 31.16 | 24.36 | 17.58 | 16.12 | |
| Number of days of payables | days | 10.98 | 11.72 | 14.98 | 20.76 | 22.64 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 33.24
= 10.98
The data indicates a consistent decline in the number of days of payables for Stride Inc over the five-year period from June 30, 2021, to June 30, 2025. Specifically, the average days payable decreased from 22.64 days in 2021 to 20.76 days in 2022, reflecting a modest shortening of the payable period. This trend accelerates in subsequent years, with the number of days dropping to 14.98 in 2023, further to 11.72 in 2024, and reaching 10.98 days in 2025.
The reducing trend suggests that Stride Inc is increasingly settling its payables more rapidly over time, which may indicate improved liquidity, better cash management practices, or a strategic decision to pay suppliers more promptly. However, while shorter payable periods can enhance relationships with suppliers and reduce the risk of late payment penalties, they can also impact cash flows if not balanced with operating needs. Overall, the downward trajectory reflects a notable shift towards faster payment cycles over the observed period.
Peer comparison
Jun 30, 2025