ePlus inc (PLUS)
Number of days of payables
| Mar 31, 2025 | Dec 31, 2024 | 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 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.33 | 5.05 | 5.63 | 6.14 | 5.32 | 5.46 | 5.81 | 4.66 | 7.04 | 5.09 | 7.37 | 8.41 | 9.99 | 7.86 | 10.15 | 8.21 | 7.11 | 7.51 | 11.35 | 8.53 | |
| Number of days of payables | days | 109.59 | 72.25 | 64.86 | 59.41 | 68.60 | 66.80 | 62.78 | 78.34 | 51.84 | 71.64 | 49.51 | 43.42 | 36.54 | 46.44 | 35.97 | 44.44 | 51.32 | 48.63 | 32.16 | 42.77 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.33
= 109.59
The number of days of payables for ePlus Inc has shown fluctuations over the period provided. The trend indicates that the company takes an average of around 60 days to pay its suppliers or vendors.
The number of days of payables ranged from a low of 32.16 days in September 2020 to a high of 143.11 days in March 2025. This indicates some variability in the company's payment terms over time.
It is important to analyze the reasons behind these fluctuations in order to determine the impact on the company's working capital management and liquidity. A high number of days of payables may suggest a strain on the company's cash flows, while a low number may indicate efficient cash management or potentially strained relationships with suppliers. Further analysis of trends and industry benchmarks would provide more insights into ePlus Inc's payables management.
Peer comparison
Mar 31, 2025