Mesa Laboratories Inc (MLAB)

Number of days of payables

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Payables turnover		—	13.73	13.92	9.53	10.49
Number of days of payables	days	—	26.59	26.22	38.31	34.79

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Mesa Laboratories Inc has fluctuated over the past five years. As of March 31, 2021, the company took approximately 34.79 days to pay its suppliers. This number increased to 38.31 days by March 31, 2022, indicating a slight delay in settling payables.

However, Mesa Laboratories Inc improved its payables management efficiency in the following years. By March 31, 2023, the number of days of payables decreased significantly to 26.22 days, showcasing a faster payment cycle. This trend continued into the next fiscal year, where the number of days of payables remained low at 26.59 days as of March 31, 2024.

Notably, there is missing data for March 31, 2025, denoted by the symbol "— days," which suggests that the information for this period is unavailable or not disclosed.

Overall, Mesa Laboratories Inc has shown variations in its payment cycle over the years, with efforts to efficiently manage its payables demonstrated by the consistent reduction in the number of days required to settle obligations in the later years.