Roper Technologies, Inc. (ROP)
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 | ||
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Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.81 | — | — | — | |
Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 46.73 | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Roper Technologies, Inc. has fluctuated over the periods presented. As of December 31, 2020, the company took approximately 46.73 days, on average, to pay its suppliers and vendors. This indicates that Roper Technologies, Inc. was managing its accounts payables effectively during that quarter.
The absence of data for the other periods suggests that the specific number of days to payables was not disclosed or calculated for these quarters.
It is important to note that a lower number of days of payables generally implies that a company is paying its bills more quickly, potentially indicating strong liquidity or good relationships with suppliers, while a higher number may suggest the company is taking longer to settle its obligations, potentially signaling working capital management strategies or payment terms negotiation tactics.
Peer comparison
Dec 31, 2024
See also:
Roper Technologies, Inc. Average Payables Payment Period (Quarterly Data)