Supernus Pharmaceuticals Inc (SUPN)

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		—	123.56	103.37	40.54	44.34	30.54	12.41	33.64	40.98	37.30	45.15	48.40	42.09	19.80	34.58	57.35	17.42	59.25	44.82	25.09
Number of days of payables	days	—	2.95	3.53	9.00	8.23	11.95	29.41	10.85	8.91	9.79	8.09	7.54	8.67	18.44	10.55	6.36	20.95	6.16	8.14	14.55

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Supernus Pharmaceuticals Inc's number of days of payables has been fluctuating over the past eight quarters. The trend shows a decrease in the number of days of payables from Q2 2022 to Q4 2023, indicating a more efficient management of payables. In Q4 2023, the number of days of payables stands at 8.56 days, the lowest among the quarters presented. This suggests that the company is able to pay off its obligations to suppliers and vendors more quickly in the most recent quarter. Overall, a decreasing trend in the number of days of payables can indicate improved liquidity and better financial health for the company.