The Mosaic Company (MOS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.31 | 9.84 | 10.34 | 7.26 | 9.90 | |
| Number of days of payables | days | 43.92 | 37.08 | 35.29 | 50.25 | 36.86 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.31
= 43.92
The trend analysis of The Mosaic Company's number of days of payables indicates fluctuations over the past five years. The number of days of payables increased from 36.86 days as of December 31, 2020, to 50.25 days as of December 31, 2021, representing a significant rise. However, in the following years, the number of days decreased to 35.29 days as of December 31, 2022, then slightly increased to 37.08 days as of December 31, 2023, and further rose to 43.92 days as of December 31, 2024. Overall, the company managed to lower its payables turnover in 2022 compared to 2021, but it has gradually increased over the subsequent years. Further analysis of the company's payment terms and operational efficiency would provide more insights into this trend.
Peer comparison
Dec 31, 2024