Manhattan Associates Inc (MANH)

The number of days of payables for Manhattan Associates Inc has shown a relatively consistent trend over the past five years. As of December 31, 2020, the company had 16.75 days of payables, which decreased slightly to 16.59 days by December 31, 2021. However, there was an increase in the number of days of payables to 18.67 days by December 31, 2022, before decreasing again to 15.11 days by December 31, 2023 and remaining stable at that level by December 31, 2024.

Analyzing the number of days of payables can provide insight into the company's efficiency in managing its trade payables. A decreasing trend may indicate that the company is taking longer to pay its suppliers, potentially impacting relationships or cash flow, while an increasing trend may suggest that the company is paying its suppliers more promptly. In this case, Manhattan Associates Inc has shown fluctuations in its number of days of payables, which could be influenced by various factors such as changes in payment terms, supplier negotiations, or operational efficiency. Further analysis and monitoring of this metric can help assess the company's liquidity and working capital management.

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Dec 31, 2024