Vicor Corporation (VICR)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 31.13 | 17.17 | 22.30 | 22.44 | 23.63 | 21.15 | 19.82 | 18.29 | 13.73 | 12.15 | 8.50 | 11.47 | 11.83 | 13.23 | 11.01 | 14.48 | 16.17 | 18.34 | 13.53 | 15.26 | |
| Number of days of payables | days | 11.72 | 21.25 | 16.37 | 16.26 | 15.45 | 17.26 | 18.42 | 19.95 | 26.59 | 30.04 | 42.95 | 31.82 | 30.84 | 27.60 | 33.14 | 25.20 | 22.57 | 19.90 | 26.97 | 23.92 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.13
= 11.72
The number of days of payables for Vicor Corporation has shown fluctuations over the years based on the provided data. The trend indicates that the company took longer to pay its suppliers in some periods while paying them more promptly in others.
As of December 31, 2024, Vicor Corporation's number of days of payables stood at 11.72 days, suggesting that the company is settling its payables relatively quickly, possibly managing its working capital efficiently.
It is worth noting that the number of days of payables decreased steadily from March 31, 2020, to December 31, 2024, with occasional fluctuations. This trend could indicate improvements in the company's cash management practices or changes in supplier contractual terms.
Overall, a decreasing trend in the number of days of payables can potentially improve the company's liquidity position and working capital management. However, it is essential to consider other factors and ratios to gain a comprehensive understanding of Vicor Corporation's financial health and operational efficiency.
Peer comparison
Dec 31, 2024