SolarEdge Technologies Inc (SEDG)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.88 | 4.93 | 5.29 | 6.16 | 6.02 | |
| Number of days of payables | days | 62.07 | 74.08 | 68.94 | 59.27 | 60.61 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.88
= 62.07
To analyze Solaredge Technologies Inc's number of days of payables, we calculate the number of days the company takes to pay its suppliers. This metric provides insights into the efficiency of managing the company's accounts payable.
However, without the specific data for the number of days of payables for each year provided in the table, it is challenging to conduct a detailed analysis for Solaredge Technologies Inc.
It would be beneficial to obtain the actual numbers for each year to track the trend over time and compare it to industry averages or the company's historical performance. This information would help in assessing the company's payment practices, liquidity position, and relationships with suppliers.
Peer comparison
Dec 31, 2023