MKS Instruments Inc (MKSI)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.55 | 15.26 | 6.49 | 12.48 | 15.75 | |
| Number of days of payables | days | 42.70 | 23.92 | 56.24 | 29.24 | 23.18 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.55
= 42.70
The number of days of payables for MKS Instruments Inc has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, the company had an average payable period of 23.18 days. This suggests that, on average, MKS Instruments took about 23.18 days to pay off its accounts payables.
- By December 31, 2021, the number of days of payables had increased to 29.24 days. This indicates a slight lengthening of the company's payable period compared to the previous year.
- There was a significant spike in the number of days of payables by December 31, 2022, reaching 56.24 days. This could imply potential liquidity challenges or changes in the company's payment practices.
- The number of days of payables decreased to 23.92 days by December 31, 2023, suggesting a partial reversal of the earlier increase in the payable period.
- By December 31, 2024, the number of days of payables increased again to 42.70 days. This indicates a lengthening of the payable period compared to the previous year but is lower than the peak in 2022.
Overall, fluctuations in the number of days of payables can reflect changes in the company's working capital management, vendor relationships, and financial health. It is essential for stakeholders to monitor these changes to understand MKS Instruments Inc's payment practices and financial stability.
Peer comparison
Dec 31, 2024