Sarepta Therapeutics Inc (SRPT)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.12 | 4.74 | 3.75 | 2.87 | 4.20 | |
| Number of days of payables | days | 117.17 | 76.96 | 97.31 | 127.29 | 87.01 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.12
= 117.17
Sarepta Therapeutics Inc's number of days of payables indicates the average number of days it takes for the company to pay its suppliers. Over the past five years, there has been some fluctuation in this metric, as follows:
- In 2023, the number of days of payables increased to 117.17 days, indicating that the company took longer to pay its suppliers compared to the previous year.
- In 2022, the number of days of payables decreased significantly to 76.96 days, suggesting that the company managed to settle its payables more quickly.
- In 2021, the number of days of payables increased to 97.31 days compared to the previous year, indicating a slower payment cycle.
- In 2020, the number of days of payables was the highest at 127.29 days, showing an extended period within which the company paid its suppliers.
- In 2019, the number of days of payables was 87.01 days, showing a relatively shorter payment period compared to the highest recorded in 2020.
Overall, the trend in Sarepta Therapeutics Inc's number of days of payables reflects variability in the company's payment practices over the past five years, with fluctuations between shorter and longer payment cycles. Further analysis and comparison with industry peers would provide additional insights.
Peer comparison
Dec 31, 2023