Waters Corporation (WAT)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.66 | 12.07 | 15.06 | 13.72 | 13.76 | 14.77 | 13.60 | 8.70 | 11.40 | 11.03 | 10.73 | 11.54 | 10.64 | 11.11 | 11.64 | 14.29 | 12.82 | 14.67 | 17.37 | 14.56 | |
| Number of days of payables | days | 31.32 | 30.23 | 24.24 | 26.60 | 26.52 | 24.72 | 26.84 | 41.94 | 32.02 | 33.08 | 34.01 | 31.63 | 34.30 | 32.85 | 31.36 | 25.55 | 28.47 | 24.88 | 21.02 | 25.08 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.66
= 31.32
The number of days of payables for Waters Corporation has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. It started at 25.08 days in March 2020, decreased to 21.02 days in June 2020, and then increased gradually to 34.30 days by December 2021.
From March 2022 to December 2024, the number of days of payables fluctuated within a range of 24.24 days to 41.94 days. Notably, there was a peak of 41.94 days in March 2023, a significant increase from the preceding periods.
Overall, the trend in the number of days of payables for Waters Corporation indicates fluctuations with some variability in how long it takes the company to pay its suppliers. Further analysis may be required to understand the reasons for these fluctuations and their impact on the company's working capital management.
Peer comparison
Dec 31, 2024