VeriSign Inc (VRSN)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		15.78	21.20	26.41	30.29	20.48	25.25	22.17	26.43	21.33	30.26	15.83	16.14	14.60	17.26	12.03	17.30	11.35	37.61	23.22	26.96
Number of days of payables	days	23.12	17.22	13.82	12.05	17.82	14.45	16.46	13.81	17.11	12.06	23.06	22.61	25.00	21.15	30.33	21.10	32.17	9.70	15.72	13.54

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.78
= 23.12

To analyze Verisign Inc.'s number of days of payables over the given quarters, the data provided for Q4 2023, Q3 2023, Q2 2023, Q1 2023, Q4 2022, Q3 2022, Q2 2022, and Q1 2022 shows that specific values for the number of days of payables are not available. Therefore, it is currently difficult to assess the trends or changes in the company's payables turnover based on this information.

In a typical financial analysis, the number of days of payables is an important metric that indicates how long, on average, a company takes to pay its suppliers. A lower number of days of payables suggests that the company is managing its payables efficiently and may have stronger bargaining power with suppliers, while a higher number of days may indicate potential cash flow issues or strained supplier relationships.

Without the specific data points, it is challenging to evaluate Verisign Inc.'s payables management practices or track any trends in the efficiency of its payables turnover. Additional information or specific values for the number of days of payables in the quarters provided would be necessary to conduct a more comprehensive analysis of this aspect of the company's financial performance.