Steven Madden Ltd (SHOO)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.51 | 7.13 | 9.56 | 8.03 | 9.98 | |
| Number of days of payables | days | 56.10 | 51.18 | 38.17 | 45.44 | 36.59 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.51
= 56.10
The number of days of payables for Steven Madden Ltd has shown some fluctuation over the past five years. As of December 31, 2020, the company took an average of 36.59 days to pay its creditors, which increased to 45.44 days by December 31, 2021. This suggests a lengthening of the payment period, potentially indicating a slowdown in cash flows or changes in supplier terms.
In the following years, the number of days of payables decreased to 38.17 days by December 31, 2022, but then significantly increased to 51.18 days by December 31, 2023, and further to 56.10 days by December 31, 2024. These increases may signal a deliberate extension of payment terms, but could also raise concerns about the company's liquidity or financial health.
Overall, the trend in Steven Madden Ltd's number of days of payables warrants close monitoring, as significant fluctuations can impact cash flow management and relationships with suppliers.
Peer comparison
Dec 31, 2024