QuinStreet Inc (QNST)

The number of days of payables for QuinStreet Inc. demonstrates notable fluctuations over the observed period from June 30, 2021, to June 30, 2025. Specifically, at the end of fiscal year 2021, the payables period was 32.50 days, indicating that the company, on average, took approximately a month and a few days to settle its liabilities with suppliers. This duration decreased slightly to 29.30 days by June 30, 2022, reflecting a marginal acceleration in payment cycles. The trend continued with a further decline to 26.02 days by June 30, 2023, suggesting an increasing efficiency in managing payables or a strategic decision to pay suppliers more promptly. However, in the subsequent year, the payables period experienced a reversal, increasing to 31.02 days by June 30, 2024, which may indicate a strategic loosening of payment terms, cash flow considerations, or changes in supplier agreements. By the end of the forecast period on June 30, 2025, the number of days of payables decreased again to 23.12 days, the shortest observed duration in the period analyzed, implying a return to faster settlement cycles. Overall, the data reveals variability in the company's trade payables management, with a trend towards shorter payables periods in the most recent year, potentially reflecting operational adjustments or improved liquidity management strategies.

Peer comparison

Jun 30, 2025