Power Integrations Inc (POWI)
Number of days of payables
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.52 | 7.00 | 7.91 | 7.57 | 8.17 | 8.04 | 5.88 | 7.35 | 9.45 | 10.38 | 7.80 | 9.25 | 7.84 | 8.41 | 7.55 | 7.36 | 7.05 | 5.14 | 5.10 | 5.83 | |
| Number of days of payables | days | 55.98 | 52.17 | 46.14 | 48.21 | 44.68 | 45.37 | 62.07 | 49.64 | 38.64 | 35.18 | 46.77 | 39.44 | 46.57 | 43.38 | 48.34 | 49.61 | 51.77 | 71.00 | 71.54 | 62.57 |
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 fluctuations over the periods presented. From March 31, 2020, to December 31, 2024, the number of days of payables ranged from a high of 71.54 days to a low of 35.18 days. The number of days of payables indicates how long, on average, the company takes to pay its suppliers and creditors.
A decreasing trend can be observed in the number of days of payables between March 31, 2022, and September 30, 2023, where the days decreased from 39.44 to 45.37 days. However, there was an increase in the number of days of payables in the subsequent periods, reaching a peak of 62.07 days on June 30, 2023.
From September 30, 2023, onwards, there are variations in the number of days of payables, with fluctuations between approximately 44 to 55 days. As of December 31, 2024, the days of payables stood at 55.98 days.
Analyzing the changes in the number of days of payables can provide insights into Power Integrations Inc's management of its working capital and relationships with suppliers. A longer number of days of payables may indicate that the company is taking longer to settle its obligations, potentially signaling financial strain or improved bargaining power with suppliers. Conversely, a shorter number of days of payables may suggest efficient working capital management or strong supplier relationships.
Peer comparison
Dec 31, 2024