McKesson Corporation (MCK)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 6.25 | 6.29 | 6.22 | 6.59 | 5.80 | |
Number of days of payables | days | 58.41 | 58.00 | 58.67 | 55.42 | 62.92 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.25
= 58.41
The number of days of payables for McKesson Corporation has shown a decreasing trend over the past five years based on the provided data. As of March 31, 2021, the company took approximately 62.92 days to pay its payables, which decreased to 55.42 days by March 31, 2022. Subsequently, there was a slight increase to 58.67 days by March 31, 2023, followed by a further decrease to 58.00 days by March 31, 2024, and a slight uptick to 58.41 days by March 31, 2025. This trend indicates that McKesson Corporation has been managing its payables more efficiently over the years, potentially improving cash flow and working capital management.
Peer comparison
Mar 31, 2025