Viatris Inc (VTRS)

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
Payables turnover		4.64	4.70	4.81	4.87	5.53	7.60	6.34	7.62	7.43	7.49	6.27	4.77	4.49
Number of days of payables	days	78.71	77.65	75.95	74.96	66.03	48.03	57.55	47.89	49.14	48.72	58.23	76.57	81.38

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.64
= 78.71

Viatris Inc's number of days of payables has shown a fluctuating trend over the past quarters, indicating varying efficiency in managing its accounts payable. In Q4 2023, the company took approximately 78.71 days to pay its suppliers, a slight increase from the previous quarter. This suggests a potential delay in settling obligations to creditors compared to earlier periods.

Comparing Q4 2023 to the same quarter in the previous year, there is a notable increase in the number of days of payables, reflecting a longer period taken by Viatris Inc to pay its bills. This extended duration may impact the company's cash flow and relationships with suppliers if not managed effectively.

Overall, the trend in the number of days of payables indicates a need for Viatris Inc to closely monitor its accounts payable processes to ensure timely payments and maintain healthy supplier relationships.