News Corp B (NWS)
Number of days of payables
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 12.52 | 18.44 | 13.27 | 14.14 | 17.17 | |
Number of days of payables | days | 29.15 | 19.80 | 27.51 | 25.81 | 21.26 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.52
= 29.15
The analysis of News Corp B's number of days of payables over the specified periods indicates notable fluctuations which reflect the company's accounts payable management and liquidity strategy. As of June 30, 2021, the payables period was approximately 21.26 days, suggesting the company generally settled its payables in a relatively prompt manner. This duration increased to roughly 25.81 days by June 30, 2022, indicating a slight elongation in the payment cycle.
The trend continued with a further rise to approximately 27.51 days by June 30, 2023, reaching the longest duration observed within this period. Such an increase may imply a strategic decision to extend payment terms or possibly a response to liquidity considerations or supplier negotiations. However, a significant reduction occurred by June 30, 2024, with the number of days of payables decreasing to about 19.80 days, suggesting the company sped up its payment process or faced changes in supplier terms.
By June 30, 2025, the payables period increased again to approximately 29.15 days, exceeding earlier levels and indicating a potential shift towards longer credit periods or strategic management of cash flows. Overall, the trajectory of the number of days of payables demonstrates variability that could be attributed to internal financial policies, supplier relationships, or operational needs, with periods of elongation and contraction linked to broader financial strategies or market conditions.
Peer comparison
Jun 30, 2025