Post Holdings Inc (POST)
Number of days of payables
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.61 | 14.21 | 14.04 | 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 | |
| Number of days of payables | days | 31.43 | 25.69 | 26.00 | 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 |
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 shown some fluctuation over the past few quarters. As of September 30, 2024, the company takes approximately 31.43 days to pay its suppliers, compared to 25.69 days on June 30, 2024. This indicates a slight increase in the number of days taken to settle payables.
Looking at the trend over the past several quarters, there seems to be a general pattern of variability in the number of days of payables. While there have been periods of shorter payment cycles, such as in March 2021 with 41.17 days, there have also been longer cycles, such as in June 2021 with 52.92 days.
Overall, it may be beneficial for Post Holdings Inc to analyze the reasons behind these fluctuations in the number of days of payables. A higher number of days of payables could point to a potential liquidity advantage for the company, although it could also indicate difficulties in managing cash flow effectively. It would be prudent for the company to continue monitoring and managing its payables efficiently to maintain strong supplier relationships and optimize its working capital position.
Peer comparison
Sep 30, 2024