Waters Corporation (WAT)

Number of days of payables

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Payables turnover 26.41 24.49 21.12 19.04 22.49
Number of days of payables days 13.82 14.90 17.28 19.17 16.23

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 26.41
= 13.82

Waters Corporation's number of days of payables has shown a decreasing trend over the years, indicating that the company is taking fewer days to pay its creditors. The number of days of payables decreased from 16.23 days as of December 31, 2020, to 13.82 days as of December 31, 2024. This reduction suggests that Waters Corporation has been managing its payables more efficiently, potentially negotiating better payment terms with suppliers or streamlining its payment processes. The declining number of days of payables can also reflect improved liquidity management and cash flow optimization within the company. Overall, the decreasing trend in the number of days of payables is a positive indicator of Waters Corporation's financial health and operational effectiveness in managing its accounts payable.