Pool Corporation (POOL)
Number of days of payables
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.63 | 9.20 | 8.28 | 5.57 | 10.44 | 9.45 | 6.68 | 5.66 | 9.23 | 8.61 | 7.75 | 4.85 | 10.52 | 9.78 | 7.09 | 4.52 | 8.68 | 10.44 | 6.35 | 4.51 | |
| Number of days of payables | days | 47.83 | 39.66 | 44.06 | 65.57 | 34.96 | 38.62 | 54.63 | 64.46 | 39.56 | 42.40 | 47.09 | 75.31 | 34.70 | 37.31 | 51.47 | 80.76 | 42.04 | 34.97 | 57.51 | 80.93 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.63
= 47.83
The number of days of payables for Pool Corporation has varied over the past eight quarters, ranging from as low as 34.96 days in Q4 2022 to as high as 65.57 days in Q1 2023. The trend indicates fluctuations in the company's ability to pay its suppliers within a specific timeframe. In general, a lower number of days of payables suggests a more efficient management of accounts payable, while a higher number may imply a longer payment cycle or potential cash flow constraints. It is important for the company to closely monitor and manage its payables to maintain healthy supplier relationships and financial stability.