Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 1.86 | 2.29 | 2.20 | 2.03 | 1.96 | 1.90 | 1.89 | 1.51 | 1.53 | 1.65 | 1.64 | 1.67 | 1.85 | 2.04 | 2.31 | 2.30 | 2.35 | 2.29 | 2.62 | |
| Number of days of payables | days | 196.63 | 159.20 | 165.60 | 179.84 | 186.06 | 192.29 | 192.88 | 242.15 | 239.20 | 221.59 | 222.73 | 218.30 | 196.86 | 178.95 | 158.07 | 158.96 | 155.19 | 159.34 | 139.08 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.86
= 196.63
The number of days of payables for Xerox Corp has shown some fluctuations over the recorded periods. It increased from June 30, 2020, at 139.08 days to a peak of 242.15 days on March 31, 2023, before decreasing to 165.60 days on June 30, 2024. The trend seems to reflect variability in the company's payment terms with its suppliers. It is important to monitor this ratio closely to ensure that the management of payables remains efficient and in line with industry standards.
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
Xerox Corp
XRX
196.63
Corsair Gaming Inc
CRSR
79.65
Fortinet Inc
FTNT
21.47
Palo Alto Networks Inc
PANW
7.51