Mercury Systems Inc (MRCY)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.89 | 8.13 | 7.44 | 6.66 | 6.32 | 5.77 | 7.13 | 5.68 | 6.01 | 6.32 | 9.58 | 7.60 | 11.24 | 9.03 | 9.86 | 7.27 | 10.50 | 8.31 | 11.18 | 11.02 | |
| Number of days of payables | days | 46.28 | 44.88 | 49.04 | 54.81 | 57.76 | 63.30 | 51.22 | 64.22 | 60.71 | 57.73 | 38.09 | 48.01 | 32.48 | 40.42 | 37.02 | 50.21 | 34.76 | 43.93 | 32.66 | 33.12 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.89
= 46.28
Mercury Systems Inc's number of days of payables has fluctuated over the periods analyzed. On average, the company takes around 45 to 60 days to pay off its payables. The trend shows some variability, with a range between 32.48 days to 64.22 days, indicating potential shifts in the company's payment practices or supplier relationships. The recent data points suggest a slight increase in the number of days of payables, possibly indicating a lengthening of the payment cycle. Further analysis and comparison with industry norms would be necessary to fully assess the impact of these changes on Mercury Systems Inc's financial performance and liquidity position.
Peer comparison
Jun 30, 2024