ViaSat Inc (VSAT)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Payables turnover		6.93	6.18	4.73	2.29	2.96	2.51	3.10	3.00	3.55	2.65	3.24	2.92	3.86	4.50	3.30	3.19	3.06	3.55	3.64	3.43
Number of days of payables	days	52.65	59.01	77.21	159.32	123.22	145.63	117.69	121.74	102.79	137.98	112.49	125.10	94.51	81.06	110.69	114.35	119.15	102.84	100.31	106.26

March 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.93
= 52.65

ViaSat Inc's number of days of payables has shown fluctuations over the past few quarters. As of March 31, 2024, the company takes on average 52.65 days to pay its suppliers, indicating efficient management of payables. This figure has improved compared to the previous quarter where the number of days of payables was 59.01 days. However, the trend over the past quarters has been a bit inconsistent, with periods of extended payment cycles, such as in June 30, 2023, where the company took 159.32 days to pay its suppliers.

Overall, ViaSat Inc's management of payables seems to vary quarter to quarter, with some periods showing more prompt payments and others showing delayed payments. This variability could be influenced by factors such as changes in supplier agreements, company cash flow, or strategic decisions on managing working capital. Monitoring this ratio over time can provide insights into the company's liquidity management and vendor relationships.