News Corp A (NWSA)

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 the number of days of payables for News Corp A over the specified period reveals notable fluctuations and trends. As of June 30, 2021, the company maintained an average of approximately 21.26 days of payables. This figure increased significantly by June 30, 2022, reaching 25.81 days, indicating that the company was taking longer to settle its payables, which could suggest favorable credit terms obtained from suppliers or a strategic retention of cash flows.

The upward trend continued into June 30, 2023, with the average days payable rising to 27.51 days, further extending the period before liabilities are settled. This could reflect a deliberate management strategy to optimize cash flow or changes in supplier relationships and credit terms. However, in the subsequent period ending June 30, 2024, there was a marked decrease to 19.80 days, indicating a shift toward faster payment practices or an improvement in the company's cash position allowing for quicker settlement of payables.

By June 30, 2025, the number of days payable increased again to 29.15 days, surpassing the earlier peaks observed in 2022 and 2023. This resurgence suggests that the company may be extending its payment periods once more, possibly due to contractual negotiations, operational considerations, or strategic cash flow management objectives.

Overall, the data indicates that News Corp A's days of payables have experienced variability over the examined period, demonstrating adaptive payment strategies that may be influenced by external credit conditions, internal cash flow requirements, or supplier relationship management.


Peer comparison

Jun 30, 2025

Company name
Symbol
Number of days of payables
News Corp A
NWSA
29.15
New York Times Company
NYT
News Corp B
NWS
29.15