Thryv Holdings Inc (THRY)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Thryv Holdings Inc's number of days of payables has varied over the past four years. The company took approximately 11.15 days to pay its suppliers in 2023, showing a decrease from 16.41 days in 2022. This indicates an improvement in the company's efficiency in managing its accounts payable. In 2021, the number of days of payables was 7.70 days, which was the lowest among the four years, suggesting that the company was able to settle its payables relatively quickly. However, in 2020, the number of days of payables increased to 8.89 days compared to the previous year. Overall, the trend in the number of days of payables for Thryv Holdings Inc reflects fluctuations in the company's payment practices and working capital management over the analyzed period.