ManpowerGroup Inc (MAN)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for ManpowerGroup has shown fluctuations over the past eight quarters. On average, the number of days of payables has been around 62 days, indicating that the company takes approximately two months to pay its suppliers or vendors.
The trend of the number of days of payables has been relatively stable, with minor fluctuations observed from quarter to quarter. Notably, in Q3 2022, there was a significant decrease in the number of days of payables to 56.22 days, which suggests that the company was able to manage its payables more efficiently during that period.
Overall, based on the historical data provided, ManpowerGroup appears to maintain a consistent payment cycle with its suppliers, showing a balanced approach to managing its payables.
Peer comparison
Dec 31, 2023