Enpro Industries (NPO)

The number of days of payables for Enpro Inc has been relatively stable over the past five years. In 2023, Enpro took approximately 39.65 days to pay its creditors, which is slightly higher compared to the previous year's figure of 39.64 days. This indicates that the company has maintained a consistent payment pattern to its suppliers.

Looking back at 2021 and 2020, the number of days of payables were 42.39 days and 36.49 days, respectively. The increase in 2021 could suggest that Enpro extended its payment terms to suppliers, potentially improving its cash flow position. However, in 2020, the company was paying its payables quicker, which could be due to different factors such as cash flow constraints or negotiating leverage with suppliers.

In comparison to 2019, where the number of days of payables was 37.64 days, the slight increase in 2023 indicates that Enpro is taking slightly longer to settle its obligations with creditors.

Overall, Enpro Inc's number of days of payables provides insights into the company's liquidity management and vendor relationship management strategies over the years.