Interface Inc (TILE)
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 | Jul 5, 2020 | Jun 30, 2020 | ||
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Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.13 | — | |
Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 51.17 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Interface Inc's number of days of payables has fluctuated over the past few periods. As of July 5, 2020, the company took approximately 51.17 days to pay its suppliers. However, data for subsequent periods is not available, indicating that the number of days of payables was not reported or not applicable.
The information provided suggests that Interface Inc may have varying payment practices or fluctuations in its working capital management. It would be beneficial to monitor future financial reports to identify trends in the company's payables turnover and assess its liquidity and efficiency in managing its accounts payable.
Peer comparison
Dec 31, 2024