Vista Outdoor Inc (VSTO)
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 | 16.51 | 21.54 | 19.55 | 16.44 | 19.03 | 16.35 | 14.39 | 13.92 | 16.34 | 12.91 | 11.74 | 12.01 | 11.89 | 17.23 | 15.31 | 16.19 | 21.04 | 18.44 | 21.36 | 19.31 | |
| Number of days of payables | days | 22.11 | 16.94 | 18.67 | 22.21 | 19.18 | 22.32 | 25.37 | 26.22 | 22.34 | 28.26 | 31.09 | 30.38 | 30.69 | 21.19 | 23.83 | 22.55 | 17.34 | 19.80 | 17.09 | 18.90 |
March 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.51
= 22.11
The number of days of payables for Vista Outdoor Inc has been showing some fluctuations over the past few quarters. Based on the data provided, the number of days of payables ranged from a low of 16.94 days in Dec 31, 2023, to a high of 31.09 days in Sep 30, 2021.
Overall, there is a general trend of the number of days of payables decreasing from a peak in late 2021 to a trough in late 2023. This may indicate that Vista Outdoor Inc has been managing its payables more efficiently in recent quarters.
However, it is important to consider the reasons behind these fluctuations and any impact they may have on the company's overall financial health and liquidity position. Further analysis would be needed to fully understand the implications of these trends on Vista Outdoor Inc's operations and financial performance.
Peer comparison
Mar 31, 2024