MKS Instruments Inc (MKSI)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Payables turnover 9.03 10.27 10.97 17.66 15.10 16.16 15.97 7.94 6.44 5.88 11.98 12.33 12.48 13.47 13.13 12.48 15.78 14.74 15.26 14.17
Number of days of payables days 40.42 35.54 33.28 20.67 24.17 22.59 22.85 46.00 56.69 62.08 30.46 29.61 29.24 27.10 27.81 29.24 23.13 24.77 23.92 25.77

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.03
= 40.42

MKS Instruments Inc's number of days of payables has shown fluctuating trends over the years. The company's payables turnover has ranged from as low as 20.67 days to as high as 62.08 days in the given period. Notably, there was a significant increase in the number of days of payables from September 30, 2022, to December 31, 2022, when it jumped from 27.10 days to 56.69 days. This steep increase suggests a delay in paying off its obligations to suppliers during that period.

Overall, it is essential for MKS Instruments Inc to closely monitor and manage its payables effectively to maintain a healthy cash flow and vendor relationships. The sudden changes in the number of days of payables highlight the importance of liquidity management and working capital optimization in the company's financial operations.