Monro Muffler Brake Inc (MNRO)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 3.27 | 3.32 | 6.65 | 6.50 | |
| Number of days of payables | days | — | 111.51 | 109.90 | 54.90 | 56.15 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Monro Muffler Brake Inc has shown a slight decreasing trend over the past few years, from 56.15 days on March 31, 2021, to 54.90 days on March 31, 2022. This indicates that the company has been taking slightly less time to pay its suppliers, which could be beneficial in terms of managing cash flow and maintaining good relationships with vendors.
However, there was a significant increase in the number of days of payables in the most recent period, reaching 109.90 days as of March 31, 2023, and further increasing to 111.51 days by March 31, 2024. This substantial jump suggests that Monro Muffler Brake Inc is now taking much longer to settle its payables, which could potentially signal liquidity issues or difficulties in managing working capital efficiently.
The absence of data for March 31, 2025 ("— days") could indicate a lack of available information at this time or a change in reporting practices. It is essential for stakeholders to monitor this metric closely in future periods to assess whether the company is able to effectively manage its payables in a timely manner and maintain a healthy financial position.
Peer comparison
Mar 31, 2025