Roivant Sciences Ltd (ROIV)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 0.04 | 0.53 | 0.35 | 0.26 | 0.10 | |
| Number of days of payables | days | 9,492.00 | 694.72 | 1,051.79 | 1,407.85 | 3,646.45 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.04
= 9,492.00
The number of days of payables for Roivant Sciences Ltd has shown a significant improvement over the years based on the provided data. As of March 31, 2021, the company had an excessively high number of days of payables at 3,646.45 days, indicating a prolonged period within which the company takes to pay its suppliers. However, by March 31, 2025, the number of days of payables was not provided, potentially due to missing data or a deliberate omission by the company.
The trend in the number of days of payables reflects a positive change in the company's ability to manage its payables more efficiently over the years. The decreasing trend from 2021 to 2024 suggests that Roivant Sciences Ltd has been able to negotiate better payment terms with suppliers or streamline its payment processes to reduce the time taken to settle payables.
It is essential for investors and stakeholders to monitor this metric closely to ensure that the company maintains a balance between maximizing payment terms to optimize cash flow and maintaining good relationships with suppliers. The decreasing trend in the number of payables days indicates an improvement in the company's working capital management and financial health.
Peer comparison
Mar 31, 2025