Vestis Corporation (VSTS)
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 | ||
|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | ||||
| Number of days of payables | days | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
To calculate the number of days of payables for Vestis Corporation, we can use the following formula:
Number of Days of Payables = (Accounts Payable / Cost of Goods Sold) x Number of Days in the Period
However, since the specific data for Accounts Payable and Cost of Goods Sold is not provided in the table, we are unable to compute the exact number of days of payables for each period.
The number of days of payables is an important metric that indicates how many days, on average, it takes for a company to pay its suppliers. A lower number of days of payables suggests that the company is paying its suppliers more quickly, while a higher number of days of payables indicates that the company is taking longer to pay its bills.
In order to provide a comprehensive analysis of Vestis Corporation's number of days of payables, we would need access to the specific financial data for each period provided in the table. We recommend obtaining the Accounts Payable and Cost of Goods Sold figures for each period to calculate the number of days of payables accurately and assess trends in the company's payment behavior over time.
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Dec 31, 2023