Take-Two Interactive Software Inc (TTWO)

Number of days of payables

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Payables turnover		13.21	15.86	21.87	12.20	21.62
Number of days of payables	days	27.64	23.01	16.69	29.93	16.88

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.21
= 27.64

The number of days of payables for Take-Two Interactive Software Inc has shown variability over the past five years. At the end of March 2021, the company took an average of 16.88 days to settle its payables. This figure increased to 29.93 days by March 31, 2022, indicating a lengthening of the payment period. However, the trend reversed in the following year as the number of days of payables decreased to 16.69 days by March 31, 2023, suggesting a more efficient management of payables.

By March 31, 2024, the number of days of payables increased slightly to 23.01 days, indicating a moderate increase in the time taken to settle payables. However, the data for March 31, 2025 is not available (denoted as "— days"), making it difficult to provide an analysis for that period.

Overall, the fluctuations in the number of days of payables for Take-Two Interactive Software Inc suggest varying approaches to managing its payables over the years, with a notable improvement in efficiency by the end of March 2023.