Insperity Inc (NSP)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 28.48 | 36.21 | 35.40 | 32.04 | 44.95 | |
| Number of days of payables | days | 12.82 | 10.08 | 10.31 | 11.39 | 8.12 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 28.48
= 12.82
To analyze Insperity Inc's number of days of payables, we need the following formula:
Number of Days of Payables = (Average Accounts Payable / Cost of Goods Sold) x Number of Days in the Period
Without specific data for Average Accounts Payable, Cost of Goods Sold, or the number of days in the period for each year provided in the table, a detailed analysis of Insperity Inc's number of days of payables is not feasible.
Therefore, additional information regarding the accounts payable balance, cost of goods sold, and the duration of the analysis period would be necessary to calculate and interpret the number of days of payables for Insperity Inc accurately.
Peer comparison
Dec 31, 2023