Insperity Inc (NSP)

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		35.30	56.39	46.36	52.68	27.69	41.58	43.86	30.07	36.21	48.90	42.68	31.22	35.40	51.62	50.71	33.51	32.04	33.05	70.33	33.51
Number of days of payables	days	10.34	6.47	7.87	6.93	13.18	8.78	8.32	12.14	10.08	7.46	8.55	11.69	10.31	7.07	7.20	10.89	11.39	11.04	5.19	10.89

December 31, 2024 calculation

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

The number of days of payables for Insperity Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The number of days of payables is a financial ratio that indicates how many days, on average, it takes for a company to pay its suppliers.

Based on the provided data, the number of days of payables ranged from a low of 5.19 days on June 30, 2020, to a high of 13.18 days on December 31, 2023. This signifies varying payment practices throughout the years, with periods of efficient payment management and extended payment cycles.

It is noteworthy that the number of days of payables has generally stayed within a relatively moderate range, with the latest reported figure being 10.34 days on December 31, 2024. This indicates that Insperity Inc has been maintaining a balanced approach to managing its payables, neither excessively delaying payments nor strictly following short payment terms.

Overall, the trend in the number of days of payables suggests that Insperity Inc has been actively managing its vendor relationships and working capital efficiently. Investors and stakeholders may consider this metric alongside other financial ratios to gain a holistic understanding of the company's financial performance and operational effectiveness.