Roper Technologies Inc. Common Stock (ROP)
Number of days of payables
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | 7.81 | — | — | — | 9.80 | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | 46.73 | — | — | — | 37.24 | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Roper Technologies Inc's number of days of payables has shown a slight fluctuation over the past eight quarters. In Q4 2023, the company had an average of 27.90 days of payables, which decreased compared to the previous quarter. This indicates that the company took fewer days to pay its suppliers in the most recent quarter.
Looking back at Q1 2022, Roper Technologies had the highest number of days of payables at 33.61 days, which suggests that the company took a longer time to pay its suppliers during that period.
Overall, the trend in the number of days of payables for Roper Technologies Inc shows some variability but generally indicates efficient management of payables during the observed period.
Peer comparison
Dec 31, 2023
See also:
Roper Technologies Inc. Common Stock Average Payables Payment Period (Quarterly Data)