Skechers USA Inc (SKX)

Skechers U S A, Inc.'s number of days of payables, a measure of how long the company takes to pay its suppliers, has shown some variations over the past five years. The trend indicates that the company has been able to manage its payables efficiently in recent years.

In 2023, the number of days of payables stood at 95.61 days, showing an increase compared to the previous year. This suggests that the company took slightly longer to pay its suppliers in 2023 than in 2022.

Looking further back, in 2022, the number of days of payables was 88.94 days, indicating a decrease compared to the year before. This implies that Skechers U S A, Inc. was able to shorten the time it took to settle its payables in 2022, which can be seen as a positive sign of efficient cash management.

The data shows that in 2021, the number of days of payables was at 100.40 days, which was higher than the previous year. This suggests that the company took longer to pay its suppliers in 2021 compared to 2020.

In 2020, the number of days of payables was at 112.80 days, which was an increase from the preceding year. This indicates that the company extended the duration it took to settle its payables in 2020 compared to 2019.

In 2019, the number of days of payables was at 102.30 days, showing a slightly longer period of payables compared to the following year.

Overall, the analysis of Skechers U S A, Inc.'s number of days of payables over the past five years suggests that the company has experienced fluctuations in its payment efficiency to suppliers. It is important for stakeholders to monitor these trends to understand how the company manages its working capital and supplier relationships.

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Dec 31, 2023