Vicor Corporation (VICR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 31.13 | 23.63 | 13.73 | 11.83 | 16.17 | |
| Number of days of payables | days | 11.72 | 15.45 | 26.59 | 30.84 | 22.57 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.13
= 11.72
To analyze Vicor Corporation's number of days of payables over the years, we can observe a decreasing trend from 22.57 days as of December 31, 2020, to 11.72 days as of December 31, 2024. This suggests that the company is taking fewer days to pay its suppliers, indicating a more efficient management of its accounts payable. A lower number of days of payables can imply strong supplier relationships, negotiation power, and effective cash flow management. This trend may reflect positively on Vicor Corporation's working capital management and financial health in terms of liquidity and operational efficiency.
Peer comparison
Dec 31, 2024