Power Integrations Inc (POWI)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.52 | 8.17 | 9.45 | 7.84 | 7.05 | |
| Number of days of payables | days | 55.98 | 44.68 | 38.64 | 46.57 | 51.77 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.52
= 55.98
The number of days of payables for Power Integrations Inc has shown a declining trend over the years. As of December 31, 2020, the company took approximately 51.77 days to pay its suppliers, which decreased to 46.57 days by December 31, 2021. This trend continued with further improvement as the number of days of payables decreased to 38.64 days by December 31, 2022. However, by December 31, 2023, there was a slight increase to 44.68 days. Finally, by December 31, 2024, the number of days of payables increased to 55.98 days, indicating a potential slowdown in paying off its suppliers. Overall, the company's management of payables has been somewhat variable, requiring a closer look to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024