nVent Electric PLC (NVT)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Given the provided data for nVent Electric PLC, the number of days of payables for each reporting period from March 31, 2020, to December 31, 2024, is not available ("— days"). This lack of specific information on the number of days of payables hinders the ability to analyze the efficiency in which nVent Electric PLC manages its accounts payable over time.
Analyzing the number of days of payables is important as it helps in understanding how long, on average, a company takes to pay its suppliers. A lower number of days of payables could indicate more efficient management of payables and potentially better cash flow management, whereas a higher number of days could suggest delayed payments to suppliers. Understanding this metric is essential for assessing the working capital management practices of the company and its impact on liquidity and relationships with suppliers.
Without specific data on the number of days of payables for nVent Electric PLC, further insights into the company's financial operations and cash flow efficiency in managing its payables cannot be derived. It is advisable for the company to disclose this information in future reports to provide stakeholders with a more comprehensive view of its financial performance and working capital management.
Peer comparison
Dec 31, 2024