Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		5.60	10.11	6.66	4.67	4.85	5.08	4.30	3.79	4.29	4.80	5.04	4.90	5.11	6.02	5.80	6.39	6.31	7.68	7.65	6.50
Number of days of payables	days	65.18	36.09	54.81	78.11	75.33	71.85	84.89	96.31	85.06	76.08	72.47	74.47	71.42	60.66	62.89	57.09	57.87	47.55	47.74	56.13

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.60
= 65.18

The number of days of payables for Revvity Inc. has shown fluctuations over the past eight quarters. In Q4 2023, the company took an average of 61.53 days to pay its payables, which decreased compared to the previous quarter's 89.02 days. This suggests that the company improved its efficiency in paying off its obligations to suppliers.

Looking further back, Q2 2023 marked a peak of 110.50 days, indicating a significant delay in settling payables during that period. However, there was a gradual decrease in the number of days of payables from Q2 2023 to Q4 2023.

Comparing the most recent quarter to the same period a year ago, Q4 2023 showed an increase from 75.33 days in Q4 2022. This suggests that the company took longer to pay its payables in the current year-end quarter compared to the prior year.

Overall, the trend in the number of days of payables for Revvity Inc. has been fluctuating, with some quarters showing improvements in efficiency while others indicate delays in settling obligations to suppliers. It is important for the company to carefully manage its payables to maintain good relationships with suppliers and optimize its cash flow.