Parker-Hannifin Corporation (PH)

Number of days of payables

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Payables turnover		5.90	6.41	6.15	6.63	6.26
Number of days of payables	days	61.91	56.92	59.39	55.09	58.30

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.90
= 61.91

The number of days of payables for Parker-Hannifin Corporation has demonstrated fluctuation over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the metric was 58.30 days in 2021, indicating the company was on average taking approximately 58 days to settle its accounts payable. In 2022, this figure decreased slightly to 55.09 days, suggesting a modest improvement in payment efficiency or a change in supplier payment terms. However, in 2023, the payables period increased to 59.39 days, reflecting an extension of payment duration by nearly 4 days compared to the previous year. The trend slightly reversed in 2024, with the number of days decreasing to 56.92 days, indicating a partial decline in the payable period. Nonetheless, by 2025, the payables period extended again to 61.91 days, surpassing previous years and reaching the highest level within the observed timeframe. Overall, the data depict a pattern of variability in Parker-Hannifin’s payment practices, with a tendency toward longer payable periods in the most recent year, potentially reflecting strategic payment management, cash flow considerations, or supplier relationship negotiations.