NetScout Systems Inc (NTCT)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.82 | 12.92 | 13.54 | 9.75 | 12.36 | |
| Number of days of payables | days | 37.18 | 28.25 | 26.95 | 37.42 | 29.52 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.82
= 37.18
The number of days of payables for NetScout Systems Inc has shown some fluctuations over the past five years. As of March 31, 2021, the company took approximately 29.52 days to pay its creditors. This number increased to 37.42 days by March 31, 2022, indicating a potential slowdown in payments. However, by March 31, 2023, the number decreased to 26.95 days, suggesting an improvement in the efficiency of managing payables.
Subsequently, by March 31, 2024, NetScout Systems Inc's number of days of payables slightly increased to 28.25 days. However, by March 31, 2025, the figure rose again to approximately 37.18 days, possibly indicating a shift towards a longer payment cycle.
Overall, the trend in NetScout Systems Inc's number of days of payables shows some variability, with fluctuations in the time taken to settle payables over the past five years. Further analysis of the company's payment policies and cash management strategies may provide insights into these fluctuations.
Peer comparison
Mar 31, 2025