The Mosaic Company (MOS)
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 | 8.84 | 8.76 | 10.46 | 13.45 | 10.38 | 11.81 | 11.17 | 14.08 | 10.84 | 10.94 | 7.84 | 12.17 | 7.67 | 8.65 | 9.17 | 8.71 | 6.39 | 4.67 | 1.73 | 1.70 | |
| Number of days of payables | days | 41.29 | 41.68 | 34.89 | 27.14 | 35.17 | 30.89 | 32.67 | 25.93 | 33.68 | 33.37 | 46.55 | 30.00 | 47.57 | 42.19 | 39.79 | 41.90 | 57.08 | 78.09 | 211.01 | 214.81 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.84
= 41.29
The number of days of payables for The Mosaic Company has shown a decreasing trend over the years. In March 2020, it was 214.81 days, indicating that on average, the company took around 214 days to pay its payables. By December 2024, this number had decreased to 41.29 days, showing a significant improvement in the efficiency of managing payables.
The trend indicates that the company has been able to negotiate better payment terms with its suppliers or has become more efficient in managing its accounts payable process. A decreasing number of days of payables can also suggest improved liquidity or better working capital management.
It is essential to monitor this ratio over time to ensure that the company is effectively managing its payables without jeopardizing supplier relationships or cash flow. Overall, the decreasing trend in the number of days of payables for The Mosaic Company is a positive indicator of its financial health and operational efficiency.
Peer comparison
Dec 31, 2024
See also:
The Mosaic Company Average Payables Payment Period (Quarterly Data)