Sensata Technologies Holding NV (ST)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.79 | 5.37 | 5.29 | 5.14 | 5.10 | 5.30 | 4.83 | 5.27 | 5.54 | 5.93 | 5.14 | 5.08 | 5.38 | 6.47 | 8.35 | 6.52 | 6.01 | 6.16 | 5.97 | 6.18 | |
| Number of days of payables | days | 63.03 | 68.01 | 69.02 | 70.97 | 71.54 | 68.84 | 75.64 | 69.24 | 65.91 | 61.58 | 71.08 | 71.91 | 67.85 | 56.44 | 43.69 | 56.02 | 60.68 | 59.23 | 61.19 | 59.04 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.79
= 63.03
The number of days of payables for Sensata Technologies Holding Plc has exhibited some variability over the past eight quarters. In Q4 2023, the company had 63.03 days of payables, which represents a decrease from the previous quarter. This suggests that Sensata Technologies Holding Plc took fewer days to pay its suppliers in the most recent quarter.
Comparing Q4 2023 to the same quarter last year, there seems to be an improvement as the number of days of payables has decreased from 71.54 days in Q4 2022. This may indicate that the company has been managing its payables more efficiently compared to the previous year.
Overall, the trend in the number of days of payables for Sensata Technologies Holding Plc shows some fluctuations, but the recent decrease in Q4 2023 compared to both the previous quarter and the same quarter in the previous year could be seen as a positive sign of effective working capital management.
Peer comparison
Dec 31, 2023