YETI Holdings Inc (YETI)
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 | 4.84 | 5.07 | 4.18 | 5.18 | 3.76 | 4.42 | 5.72 | 8.20 | 5.91 | 6.02 | 3.35 | 3.77 | 3.11 | 3.36 | 3.59 | 4.03 | 3.74 | 4.39 | 10.51 | 5.94 | |
| Number of days of payables | days | 75.47 | 72.01 | 87.28 | 70.42 | 97.12 | 82.54 | 63.79 | 44.51 | 61.79 | 60.64 | 108.96 | 96.80 | 117.39 | 108.74 | 101.77 | 90.65 | 97.47 | 83.12 | 34.72 | 61.46 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.84
= 75.47
YETI Holdings Inc's number of days of payables fluctuated over the period considered. The number of days of payables ranged from a low of 34.72 days on June 30, 2020, to a high of 117.39 days on December 31, 2021.
The trend in the number of days of payables indicates that the company takes an average of approximately 70 days to pay its suppliers and vendors. During the most recent period, as of December 31, 2024, the number of days of payables stood at 75.47 days.
It is essential to note that changes in the number of days of payables can provide insights into the company's liquidity management, supplier relationships, and operational efficiency. A longer number of days of payables may suggest that the company is taking longer to settle its obligations to suppliers, which could impact cash flow management and potentially strain relationships with suppliers. On the other hand, a shorter number of days of payables may indicate efficiency in managing working capital but could also signal a reduced ability to negotiate favorable credit terms with suppliers.
Overall, a detailed examination of the number of days of payables along with other financial metrics can provide a more comprehensive understanding of YETI Holdings Inc's financial performance and liquidity position.
Peer comparison
Dec 31, 2024