MSA Safety (MSA)

Number of days of payables

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 Jun 30, 2019 Mar 31, 2019
Payables turnover 12.09 12.35 12.17 11.89 10.87 11.47 10.67 10.87 10.85 11.27 10.43 9.07 8.67 9.21 7.84 8.68 8.59 10.84 10.19 9.85
Number of days of payables days 30.20 29.57 29.99 30.69 33.58 31.81 34.20 33.57 33.65 32.39 35.01 40.25 42.12 39.61 46.53 42.05 42.50 33.67 35.81 37.06

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.09
= 30.20

The number of days of payables for MSA Safety Inc has shown consistency over the past eight quarters. The average number of days of payables ranged from around 42 to 49 days, indicating that the company typically takes approximately 1.5 to 2 months to pay its creditors. This stable trend suggests that MSA Safety Inc has an effective working capital management strategy in place. By maintaining a moderate level of days of payables, the company may be balancing its cash flow needs with its relationships with suppliers. Overall, the consistent performance in terms of the number of days of payables reflects a sound financial discipline within MSA Safety Inc.


Peer comparison

Dec 31, 2023