Post Holdings Inc (POST)
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 | 12.97 | 13.85 | 12.59 | 11.68 | 10.62 | 9.68 | 10.53 | 10.21 | 8.79 | 9.74 | 6.90 | 7.53 | 8.77 | 8.87 | 12.49 | 12.64 | 11.71 | 9.83 | 12.46 | 12.98 | |
| Number of days of payables | days | 28.14 | 26.35 | 28.98 | 31.25 | 34.35 | 37.69 | 34.65 | 35.76 | 41.51 | 37.47 | 52.92 | 48.47 | 41.63 | 41.17 | 29.21 | 28.87 | 31.17 | 37.13 | 29.30 | 28.11 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.97
= 28.14
The number of days of payables for Post Holdings Inc has displayed some fluctuation over the past eight quarters. In Q1 2024, the company's payables were outstanding for approximately 28.14 days, which was a slight increase from the previous quarter. This suggests that Post Holdings Inc took slightly longer to pay off its obligations compared to Q4 2023, where payables were outstanding for 26.25 days.
Looking back further, in Q3 2023, the number of days of payables increased to 30.30 days, indicating that the company took even longer to settle its payables during that period. This trend continued into Q2 2023, with payables outstanding for 32.73 days, and Q1 2023, with payables outstanding for 36.06 days, reaching the longest period in the analyzed timeframe.
However, there was a noticeable improvement in Q4 2022, where the number of days of payables decreased to 33.26 days from the previous quarter, suggesting that the company managed to settle its obligations more promptly. This improvement continued into Q3 2022, with payables outstanding for 31.26 days, and further improved in Q2 2022 and Q1 2022, with payables outstanding for 30.44 days and 31.50 days, respectively.
Overall, the analysis shows that the number of days of payables for Post Holdings Inc has varied over the quarters, with fluctuations indicating changes in the company's payment practices and management of its accounts payable.
Peer comparison
Dec 31, 2023