Pentair PLC (PNR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.10 | 11.96 | 10.05 | 7.91 | 10.18 | |
| Number of days of payables | days | 30.17 | 30.53 | 36.31 | 46.17 | 35.86 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.10
= 30.17
The number of days of payables for Pentair PLC has shown some variability over the past five years. The trend indicates that the company takes, on average, 35.86 days to pay its suppliers as of December 31, 2020, which increased to 46.17 days by December 31, 2021. However, in the subsequent years, there has been a decrease in the number of days it takes to pay its payables, reaching 36.31 days by December 31, 2022, further dropping to 30.53 days by December 31, 2023, and slightly decreasing to 30.17 days by December 31, 2024.
The general observation from the data is that Pentair PLC has effectively managed its payables as the number of days to settle its obligations to suppliers has decreased over the last couple of years. This reduction may indicate improved efficiency in managing its working capital and relationships with suppliers.
Peer comparison
Dec 31, 2024