Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020
Payables turnover		8.32	8.31	8.45	8.15	7.27	11.92	8.10	5.95	4.85	5.08	4.30	3.79	4.29	4.80	5.04	4.90	5.11	6.02	5.80	6.39
Number of days of payables	days	43.86	43.95	43.18	44.77	50.22	30.62	45.04	61.37	75.33	71.85	84.89	96.31	85.06	76.08	72.47	74.47	71.42	60.66	62.89	57.09

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.32
= 43.86

The number of days of payables for Revvity Inc. has shown fluctuations over the period under consideration. The metric indicates the average number of days a company takes to pay its suppliers and vendors for goods and services purchased on credit.

Between April 5, 2020, and September 30, 2021, the number of days of payables ranged between 57.09 and 76.08 days. There was a notable increase in the metric towards the end of 2021, reaching 85.06 days by December 31, 2021. This suggests that Revvity Inc. was taking longer to pay its payables during this period.

Subsequently, there was a decrease in the number of days of payables to 45.04 days by June 30, 2023, before further dropping to 30.62 days by September 30, 2023. This significant decrease could indicate a more efficient payment process during this time.

However, from December 31, 2023, to December 31, 2024, the number of days of payables remained relatively stable around 43-50 days. This consistency may suggest that Revvity Inc. has established a more standardized payment cycle during this period.

Overall, analyzing the trend of Revvity Inc.'s number of days of payables provides insights into the company's payment practices and financial management over time, which can be crucial for understanding its working capital management and supplier relationships.