Masco Corporation (MAS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.23 | 7.87 | 8.48 | 6.75 | 6.63 | |
| Number of days of payables | days | 44.33 | 46.36 | 43.06 | 54.11 | 55.06 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.23
= 44.33
The number of days of payables for Masco Corporation has shown a decreasing trend from 55.06 days as of December 31, 2020, to 44.33 days as of December 31, 2024. This indicates that the company is taking fewer days to pay its suppliers and vendors over the years. The decrease in the number of days of payables may suggest improved efficiency in managing its accounts payable and supplier relationships. It could also indicate a stronger bargaining position with suppliers or changes in payment terms. Overall, this trend in the number of days of payables reflects positively on Masco Corporation's working capital management and liquidity position.
Peer comparison
Dec 31, 2024