Oshkosh Corporation (OSK)

Number of days of payables

		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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Payables turnover		9.13	8.99	8.49	7.28	7.89	7.79	7.46	7.01	7.68	7.78	7.77	8.37	6.97	7.12	8.71	8.19	11.51	10.16	11.99	9.09
Number of days of payables	days	39.98	40.62	43.00	50.13	46.29	46.83	48.94	52.04	47.54	46.89	47.00	43.63	52.40	51.23	41.92	44.54	31.72	35.93	30.44	40.13

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.13
= 39.98

The number of days of payables for Oshkosh Corporation has shown some fluctuations over the past few quarters. On average, the company takes around 40 to 50 days to pay its suppliers. A lower number of days of payables indicates that the company is paying its suppliers more quickly, which may suggest a strong cash position or favorable relationships with suppliers. Conversely, a higher number of days of payables may indicate that the company is taking longer to settle its payables.

In the latest quarter, as of September 30, 2024, Oshkosh Corporation had 39.98 days of payables, slightly lower compared to the previous quarter. This may imply that the company has managed its payables efficiently or negotiated better payment terms with its suppliers. However, it's important to monitor this ratio consistently to understand any potential changes in the company's payment practices and liquidity position.