Madison Square Garden Sports Corp (MSGS)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 53.62 | 62.27 | 60.36 | 44.44 | 126.64 | |
| Number of days of payables | days | 6.81 | 5.86 | 6.05 | 8.21 | 2.88 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 53.62
= 6.81
The data regarding the number of days of payables for Madison Square Garden Sports Corp over the specified periods indicates fluctuations in the company's payment practices toward its suppliers. As of June 30, 2021, the company’s payables period was relatively short at 2.88 days, suggesting prompt settlement of outstanding liabilities. This period increased significantly to 8.21 days by June 30, 2022, indicating a tendency to extend payment terms during that fiscal year. Subsequently, the payables period decreased to 6.05 days as of June 30, 2023, reflecting a slight tightening in payment timing. The trend continued with a marginal reduction to 5.86 days by June 30, 2024, further emphasizing a move toward more prompt payments. However, by June 30, 2025, the payables period increased again to 6.81 days, suggesting a slight extension in the timing of payments relative to the previous year. Overall, the company's accounts payable days have varied within a range from approximately 2.88 to 8.21 days over the observed period, with recent years showing a stabilization around the 6-day mark. This pattern may be indicative of strategic adjustments in cash management or supplier relationship policies over time.
Peer comparison
Jun 30, 2025