Madison Square Garden Sports Corp (MSGS)
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 | — | — | — | — | — | 99.34 | 100.09 | 116.65 | 65.51 | 226.85 | 216.75 | 275.01 | 222.83 | -195.41 | 48.85 | 396.22 | 309.07 | 89.24 | 40.31 | 63.66 | |
| Number of days of payables | days | — | — | — | — | — | 3.67 | 3.65 | 3.13 | 5.57 | 1.61 | 1.68 | 1.33 | 1.64 | — | 7.47 | 0.92 | 1.18 | 4.09 | 9.05 | 5.73 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Madison Square Garden Sports Corp has varied over the historical period provided in the table. Generally, a lower number of days of payables indicates a shorter period within which the company pays its suppliers.
Looking at the trend, there seems to be some fluctuation in the number of days of payables, with some quarters having very low numbers (such as 1.61 days in Mar 31, 2022) and others having higher numbers (like 9.05 days in Sep 30, 2019).
It is important to note that a consistent or decreasing trend in the number of days of payables may indicate efficient management of working capital and strong supplier relationships. On the other hand, a sudden increase in the number of days of payables may be a sign of liquidity issues or strained relationships with suppliers.
Further analysis and comparison with industry benchmarks would be beneficial to gain a deeper understanding of Madison Square Garden Sports Corp's payment practices and financial health.
Peer comparison
Jun 30, 2024