Pentair PLC (PNR)
Number of days of payables
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.79 | 9.42 | 9.27 | 8.93 | 9.95 | 10.22 | 9.08 | 9.10 | 8.55 | 7.77 | 7.57 | 6.84 | 6.74 | 7.15 | 7.41 | 7.41 | 8.61 | 6.97 | 7.29 | 7.12 | |
| Number of days of payables | days | 37.27 | 38.75 | 39.38 | 40.90 | 36.67 | 35.71 | 40.19 | 40.10 | 42.67 | 46.96 | 48.23 | 53.35 | 54.19 | 51.07 | 49.29 | 49.23 | 42.39 | 52.35 | 50.07 | 51.23 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.79
= 37.27
Based on the provided data, Pentair PLC's number of days of payables has exhibited fluctuations over the periods stated. The trend in the number of days of payables indicates the average number of days the company takes to pay its suppliers.
The number of days of payables ranged between 35.71 days to 54.19 days, with the highest number of days being 54.19 observed on December 31, 2021, and the lowest being 35.71 on September 30, 2023. This indicates that Pentair PLC was taking longer to pay its suppliers in the former period but improved its payables turnover efficiency in the latter period.
Overall, analyzing this ratio can provide insights into Pentair PLC's liquidity and efficiency in managing its payables. A decreasing trend in the number of days of payables may indicate that the company is managing its payables more efficiently, freeing up cash flow for other uses. Conversely, an increasing trend may suggest potential cash flow constraints or challenges in managing supplier relationships. It is important for stakeholders to monitor this ratio over time to assess Pentair PLC's financial health and operational efficiency.
Peer comparison
Dec 31, 2024