Dentsply Sirona Inc (XRAY)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.15 | 15.33 | 18.51 | 18.22 | 17.05 | 15.75 | 10.76 | 11.27 | 11.95 | 11.09 | 10.51 | 9.45 | 9.50 | 14.48 | 16.60 | 14.39 | 12.22 | 15.30 | 15.31 | 14.75 | |
| Number of days of payables | days | 51.04 | 23.81 | 19.72 | 20.03 | 21.41 | 23.18 | 33.93 | 32.38 | 30.53 | 32.91 | 34.74 | 38.61 | 38.43 | 25.20 | 21.99 | 25.36 | 29.87 | 23.86 | 23.84 | 24.75 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.15
= 51.04
The number of days of payables for DENTSPLY Sirona Inc has shown a slight increase from Q3 2023 to Q4 2023, reaching 59.25 days. This indicates that the company is taking a longer time to pay its suppliers compared to the previous quarter. However, when compared to the same quarter of the previous year, there has been an improvement in the number of days of payables.
Overall, the company's payables turnover has been relatively stable throughout the quarters, hovering around the 50 to 60 days range. This suggests that DENTSPLY Sirona Inc has been effectively managing its payables, balancing timely payments to suppliers while ensuring efficient cash flow management. Further analysis would be needed to determine the specific reasons behind the fluctuation in the number of days of payables quarter over quarter.
Peer comparison
Dec 31, 2023