RPM International Inc (RPM)
Number of days of payables
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.72 | 6.71 | 6.40 | 6.16 | 6.65 | 7.59 | 6.83 | 6.58 | 6.62 | 7.81 | 6.58 | 5.63 | 5.34 | 6.04 | 6.01 | 5.85 | 5.16 | 6.25 | 6.47 | 6.60 | |
| Number of days of payables | days | 63.83 | 54.37 | 57.04 | 59.29 | 54.88 | 48.11 | 53.42 | 55.44 | 55.13 | 46.73 | 55.49 | 64.83 | 68.34 | 60.43 | 60.69 | 62.44 | 70.73 | 58.42 | 56.43 | 55.34 |
May 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.72
= 63.83
The data on RPM International Inc.'s number of days of payables over various reporting periods indicate fluctuations within a generally stable range. The earliest recorded figure, dated August 31, 2020, shows an average of approximately 55.34 days. This figure increased slightly over the subsequent quarters, reaching a peak of approximately 70.73 days as of May 31, 2021.
Following this peak, there was a decline, with the number of payable days decreasing to around 55.49 days by November 30, 2022. This period depicts a reduction of nearly 15 days from the previous high, signifying a shortening in the average time taken to settle payables.
Between November 30, 2022, and the subsequent periods, the payable days fluctuated moderately within the 46 to 68-day range. Notably, a significant decline occurred, reaching as low as 46.73 days on February 28, 2023, which could suggest increased efficiency in settling obligations or changes in payment policies.
In the most recent periods, from May 31, 2023, onward, the payable days hovered around 54 to 59 days, with minor increases and decreases. Specifically, the figure was approximately 54.88 days on May 31, 2024, and increased slightly to around 59.29 days by August 31, 2024, before settling back to approximately 57.04 days on November 30, 2024.
Overall, RPM International Inc.'s days payable have demonstrated variability but generally remained within a range of approximately 45 to 70 days over the observed periods. The trend suggests periods of both elongation and shortening in payment cycles, reflecting potential adaptations to operational policies, cash flow considerations, and supplier negotiations over the analyzed timeframe.
Peer comparison
May 31, 2025