MasterBrand Inc. (MBC)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Payables turnover | 10.09 | 10.34 | 10.21 | 10.92 | |
| Number of days of payables | days | 36.17 | 35.29 | 35.74 | 33.43 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.09
= 36.17
Based on the data provided, MasterBrand Inc.'s number of days of payables have shown a slight increase over the year 2024. As of March 31, 2024, the company took approximately 33.43 days to pay its accounts payable, which increased to 35.74 days by June 30, 2024. This trend continued with the number of days of payables reaching 35.29 days by September 30, 2024, and further increasing to 36.17 days by December 31, 2024.
This indicates that MasterBrand Inc. is taking slightly longer to settle its accounts payable as the year progressed. A higher number of days of payables could suggest that the company is taking longer to pay its suppliers, potentially indicating cash flow management strategies or changes in payment terms. It is important to monitor this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's liquidity and operational efficiency.
Peer comparison
Dec 31, 2024