Sally Beauty Holdings Inc (SBH)
Number of days of payables
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.76 | 14.61 | 11.73 | 12.70 | 13.16 | 14.40 | 13.33 | 11.86 | 12.72 | 12.31 | 14.43 | 10.10 | 11.87 | 12.73 | 10.42 | 11.24 | 13.80 | 13.65 | 15.44 | 12.63 | |
| Number of days of payables | days | 28.61 | 24.98 | 31.11 | 28.74 | 27.73 | 25.35 | 27.37 | 30.78 | 28.70 | 29.66 | 25.30 | 36.13 | 30.74 | 28.67 | 35.03 | 32.48 | 26.44 | 26.74 | 23.64 | 28.90 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.76
= 28.61
The number of days of payables for Sally Beauty Holdings Inc has shown fluctuation over the past years. The company's payables turnover period ranged from a low of 23.64 days in March 2020 to a high of 36.13 days in December 2021.
On average, Sally Beauty Holdings Inc takes around a month to pay its suppliers, with the most recent data as of September 30, 2024, showing a number of days of payables of 28.61 days. This indicates that the company tends to settle its payables within a reasonable timeframe.
Analyzing the trend over several periods, it seems that the company has effectively managed its payables turnover, although some variability is present. Maintaining a balance in managing payables can help the company optimize its cash flow and maintain good relationships with its suppliers. It is important for investors and analysts to continue monitoring this metric to assess the efficiency of Sally Beauty Holdings Inc's working capital management.
Peer comparison
Sep 30, 2024