Phibro Animal Health Corporation (PAHC)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.51 | 11.42 | 10.74 | 12.03 | 12.40 | 12.19 | 10.71 | 8.89 | 7.48 | 7.03 | 7.50 | 8.70 | 8.22 | 8.55 | 8.46 | 8.68 | 8.22 | 8.17 | 9.55 | 9.14 | |
| Number of days of payables | days | 31.71 | 31.95 | 33.99 | 30.34 | 29.44 | 29.94 | 34.09 | 41.04 | 48.81 | 51.93 | 48.66 | 41.98 | 44.40 | 42.70 | 43.15 | 42.05 | 44.39 | 44.69 | 38.22 | 39.92 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.51
= 31.71
The number of days of payables for Phibro Animal Health Corporation has fluctuated over the periods analyzed. On average, the company takes around 38 to 45 days to pay its suppliers. The longest delay in paying suppliers was observed in June 2022, with 51.93 days, while the shortest delay was in June 2020, with 29.44 days. It is important to monitor this metric as it reflects the company's payment policies and liquidity management. Overall, Phibro Animal Health Corporation has shown variability in its payment cycles, indicating potential changes in its working capital management strategies.
Peer comparison
Jun 30, 2024