Materion Corporation (MTRN)

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 10.84 11.74 12.72 10.86 11.96 16.16 12.40 12.50 14.92 16.55 9.97 6.40 2.03 1.15 1.42 1.97 3.09 2.01 1.98 1.63
Number of days of payables days 33.68 31.09 28.69 33.61 30.52 22.59 29.44 29.20 24.46 22.06 36.59 57.04 179.68 317.99 256.50 185.14 118.18 181.56 184.78 223.71

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.84
= 33.68

Materion Corporation's number of days of payables has shown fluctuations over the past few years. As of December 31, 2024, the company took approximately 33.68 days, on average, to pay its suppliers. This indicates a relatively stable payment period compared to the previous periods.

The trend in the number of days of payables reveals variability in payment efficiency. For example, the number of days peaked at 317.99 days on September 30, 2021, indicating a prolonged payment period that could potentially strain supplier relationships. However, the company significantly improved its payables turnover by March 31, 2022, when it reduced the payment period to 57.04 days, showcasing a more efficient cash management approach.

Overall, Materion Corporation's management of payables appears to have stabilized in recent periods, with the company maintaining an average payment period of around 30 days. This suggests a reasonable balance between optimizing cash flow and maintaining positive supplier relations. Monitoring and maintaining this trend will be essential for the company's financial health and operational sustainability.