Post Holdings Inc (POST)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 11.61 | 13.85 | 9.68 | 9.25 | 8.87 | |
| Number of days of payables | days | 31.43 | 26.35 | 37.69 | 39.47 | 41.17 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.61
= 31.43
The number of days of payables for Post Holdings Inc has fluctuated over the past five years. In the most recent fiscal year ending on September 30, 2024, the company took an average of 31.43 days to pay its suppliers and vendors. This represents an increase compared to the previous year when the number of days of payables was 26.35 days.
Looking further back, in the fiscal year ending September 30, 2022, the number of days of payables was 37.69 days, followed by 39.47 days in 2021 and 41.17 days in 2020. These variations indicate that Post Holdings Inc has been managing its payables differently each year, with the number of days of payables showing a general downward trend in recent years until the slight uptick in the most recent period.
A lower number of days of payables implies that the company is taking less time to pay its suppliers, which could indicate efficient cash management or potentially strained supplier relationships. Conversely, a higher number of days of payables may suggest that the company is extending payment terms or facing challenges with cash flow. It is important for investors and analysts to monitor changes in the number of days of payables over time to understand how effectively Post Holdings Inc is managing its working capital and supplier relationships.
Peer comparison
Sep 30, 2024