SolarEdge Technologies Inc (SEDG)

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	Jun 30, 2020	Mar 31, 2020
Payables turnover		19.02	19.45	10.88	10.85	5.88	6.34	5.90	5.96	4.93	6.51	6.97	6.40	5.29	8.65	7.56	7.96	6.16	8.40	6.74	7.56
Number of days of payables	days	19.19	18.76	33.56	33.65	62.07	57.61	61.91	61.28	74.08	56.09	52.36	57.07	68.94	42.18	48.29	45.83	59.27	43.48	54.17	48.29

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.02
= 19.19

SolarEdge Technologies Inc's number of days of payables has exhibited some fluctuations over the analyzed periods. The company's payables turnover has ranged from a low of 18.76 days as of September 30, 2024, to a high of 74.08 days as of December 31, 2022.

Overall, the trend in the number of days of payables appears to have been somewhat volatile, with periods of increase followed by periods of decrease. It is essential for stakeholders to monitor this metric closely, as higher days of payables may indicate that the company is taking longer to pay its suppliers, potentially affecting its relationships and liquidity. Conversely, lower days of payables may suggest a more efficient management of payables but could also signal potential cash flow issues if not managed appropriately.