Shutterstock (SSTK)
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 | 66.31 | 40.54 | 57.03 | 63.15 | 62.99 | 80.27 | 88.00 | 67.87 | 72.30 | 106.55 | 116.49 | 91.63 | 63.05 | 115.54 | 102.48 | 87.38 | 220.75 | 131.68 | 123.90 | 140.76 | |
| Number of days of payables | days | 5.50 | 9.00 | 6.40 | 5.78 | 5.80 | 4.55 | 4.15 | 5.38 | 5.05 | 3.43 | 3.13 | 3.98 | 5.79 | 3.16 | 3.56 | 4.18 | 1.65 | 2.77 | 2.95 | 2.59 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 66.31
= 5.50
Shutterstock's number of days of payables has fluctuated over the years based on the provided data. As of December 31, 2024, the company took an average of 5.50 days to pay its payables, which indicates an increase compared to the prior period. This could suggest a potential slowdown in the company's payables turnover or payment delays to its creditors.
The trend over the years shows some volatility in the number of days of payables, with fluctuations observed in each reporting period. It is important for the company to manage its payables efficiently to maintain good relationships with suppliers while also optimizing its cash flow position.
Overall, the number of days of payables ratio provides insights into how quickly Shutterstock is settling its short-term obligations to suppliers. Tracking this ratio over time can help assess the company's liquidity management and financial health.
Peer comparison
Dec 31, 2024