ScanSource Inc (SCSC)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 4.40 | 4.77 | 5.07 | 4.80 | 4.89 | 5.50 | 5.86 | 5.31 | 4.83 | 5.10 | 4.43 | 4.47 | 4.35 | 4.26 | 4.46 | 4.78 | 4.41 | 5.00 | 4.65 | 5.31 | |
| Number of days of payables | days | 83.01 | 76.51 | 71.96 | 76.03 | 74.68 | 66.36 | 62.33 | 68.77 | 75.56 | 71.52 | 82.38 | 81.66 | 84.00 | 85.69 | 81.90 | 76.34 | 82.75 | 73.06 | 78.46 | 68.76 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.40
= 83.01
The data indicates that ScanSource Inc.'s number of days of payables has experienced fluctuations over the analyzed periods. Starting at approximately 68.76 days on September 30, 2020, the measure increased steadily, reaching a peak of around 85.69 days by March 31, 2022. This suggests that during this period, the company was taking longer to settle its accounts payable, potentially indicating extended credit terms negotiated with suppliers or a strategic delay in payments.
Following the peak in early 2022, there was a gradual decline, with the payable days decreasing to about 62.33 days as of December 31, 2023. This reduction may reflect an effort to improve cash flow management or tighter payment policies. However, the payable days again increased slightly in subsequent periods, reaching approximately 83.01 days by June 30, 2025, indicating a return to longer payment cycles.
Overall, the pattern illustrates a significant variability in the company's payment practices over time, with periods of both extension and contraction in payables. The fluctuations may be influenced by factors such as changes in supplier credit terms, liquidity management strategies, or operational considerations.
The data indicates that ScanSource Inc.'s number of days of payables has experienced fluctuations over the analyzed periods. Starting at approximately 68.76 days on September 30, 2020, the measure increased steadily, reaching a peak of around 85.69 days by March 31, 2022. This suggests that during this period, the company was taking longer to settle its accounts payable, potentially indicating extended credit terms negotiated with suppliers or a strategic delay in payments.
Following the peak in early 2022, there was a gradual decline, with the payable days decreasing to about 62.33 days as of December 31, 2023. This reduction may reflect an effort to improve cash flow management or tighter payment policies. However, the payable days again increased slightly in subsequent periods, reaching approximately 83.01 days by June 30, 2025, indicating a return to longer payment cycles.
Overall, the pattern illustrates a significant variability in the company's payment practices over time, with periods of both extension and contraction in payables. The fluctuations may be influenced by factors such as changes in supplier credit terms, liquidity management strategies, or operational considerations.
Peer comparison
Jun 30, 2025