Veralto Corporation (VLTO)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Payables turnover | 9.50 | 8.84 | 9.42 | |
| Number of days of payables | days | 38.41 | 41.29 | 38.77 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.50
= 38.41
To analyze Veralto Corporation's number of days of payables, we observe a decreasing trend over the three periods provided. The number of days of payables was 38.77 days as of June 30, 2024, increased slightly to 41.29 days by September 30, 2024, and then decreased to 38.41 days by December 31, 2024.
A lower number of days of payables suggests that Veralto Corporation is taking fewer days to pay its suppliers, which could be advantageous in terms of managing cash flows and maintaining good relationships with its creditors. However, it is essential to monitor this ratio over time to ensure that the company continues to effectively manage its payables without causing liquidity issues or straining supplier relationships.
Peer comparison
Dec 31, 2024