Mattel Inc (MAT)

The number of days of payables for Mattel Inc has shown a decreasing trend over the past five years. As of December 31, 2023, the company takes approximately 31.24 days to pay its suppliers, which is a significant improvement from 34.23 days in the previous year. This indicates that Mattel is managing its payables more efficiently, potentially negotiating better payment terms with its suppliers or streamlining its payment processes. The decreasing trend in the number of days of payables can also suggest improved working capital management by the company, allowing it to maintain a healthy balance between paying its obligations and optimizing cash flow.