Mueller Water Products (MWA)
Number of days of payables
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.62 | 8.97 | 7.79 | 9.70 | 8.61 | 7.76 | 8.71 | 9.20 | 9.04 | 8.89 | 7.19 | 8.65 | 7.56 | 9.28 | 8.18 | 8.25 | 8.87 | 11.25 | 9.45 | 10.89 | |
| Number of days of payables | days | 47.89 | 40.70 | 46.88 | 37.62 | 42.39 | 47.06 | 41.91 | 39.68 | 40.38 | 41.06 | 50.76 | 42.21 | 48.26 | 39.35 | 44.62 | 44.23 | 41.17 | 32.44 | 38.63 | 33.51 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.62
= 47.89
The analysis of Mueller Water Products' number of days of payables over the specified periods reveals notable fluctuations and trends. At the start of the observed timeframe, as of June 30, 2020, the company’s payable days were approximately 33.51 days. This figure increased modestly through September 2020 to 38.63 days and remained relatively stable at 32.44 days by the end of 2020.
In the subsequent period, a gradual upward trend emerged. By March 31, 2021, payables extended to approximately 41.17 days, and this trend continued into 2021, reaching 44.23 days in June and slightly increasing to 44.62 days in September. The payables decreased marginally to 39.35 days at year-end but resumed an upward trajectory in early 2022, peaking at 48.26 days in March, indicating an extension in the company's payment period.
Throughout 2022, payables fluctuated: decreasing to 42.21 days by June, then rising significantly to 50.76 days in September before declining again to 41.06 days at year-end. In early 2023, the figure stabilized around 40.38 days in March, with a slight decrease to 39.68 days in June, before increasing again to approximately 41.91 days in September and 47.06 days in December.
Moving into 2024, the data reflect continued variability, with payables at 42.39 days in March, decreasing to 37.62 days in June, then rising to 46.88 days in September and settling at 40.70 days in December. The latest data point, as of March 2025, indicates a further increase to approximately 47.89 days.
Overall, the pattern demonstrates periods of both extension and contraction in the duration Mueller Water Products takes to settle its payables, with the number of days generally fluctuating within a range approximately between the low 30s and high 50s. This variability suggests a strategic or operational responsiveness to factors such as supplier negotiations, cash flow management, or changes in procurement practices over the analyzed period.
Peer comparison
Mar 31, 2025