Insperity Inc (NSP)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		35.30	27.69	36.21	35.40	32.04
Number of days of payables	days	10.34	13.18	10.08	10.31	11.39

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 35.30
= 10.34

The number of days of payables of Insperity Inc has exhibited variations over the years as follows:

- As of December 31, 2020, the company had an average of 11.39 days of payables.
- By December 31, 2021, this metric decreased to 10.31 days, indicating a more efficient management of payables.
- The trend continued into December 31, 2022, with the number of days of payables further dropping to 10.08 days.
- However, by December 31, 2023, the company experienced an increase to 13.18 days of payables, which might indicate a slowdown in payment processing or a change in payment terms.
- As of December 31, 2024, the number of days of payables fell again to 10.34 days, possibly reflecting a renewed focus on optimizing working capital management.

Overall, the fluctuation in the number of days of payables for Insperity Inc suggests shifting dynamics in the company's payment practices and liquidity management strategies over the analyzed period.