Nextracker Inc. Class A Common Stock (NXT)
Number of days of payables
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Payables turnover | 3.69 | 7.64 | |
| Number of days of payables | days | 98.81 | 47.76 |
March 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.69
= 98.81
Peer comparison
Mar 31, 2024
Company name
Symbol
Number of days of payables
Nextracker Inc. Class A Common Stock
NXT
98.81
Garmin Ltd
GRMN
29.99
L3Harris Technologies Inc
LHX
41.75
Northrop Grumman Corporation
NOC
188.12
Teledyne Technologies Incorporated
TDY
29.75