Zebra Technologies Corporation (ZBRA)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.91 | 8.02 | 5.40 | 5.93 | 5.68 | |
| Number of days of payables | days | 61.71 | 45.53 | 67.61 | 61.52 | 64.29 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.91
= 61.71
Zebra Technologies Corporation's number of days of payables has shown fluctuations over the years.
- On December 31, 2020, the number of days of payables was 64.29 days, indicating that the company took approximately 64 days to pay its suppliers.
- By December 31, 2021, this metric decreased to 61.52 days, suggesting an improvement in the company's ability to manage its payables more efficiently.
- However, by December 31, 2022, the number of days of payables increased to 67.61 days, which may indicate a potential delay in settling payable obligations.
- On December 31, 2023, the number of days of payables notably decreased to 45.53 days, reflecting a significant improvement in the company's payables management.
- Finally, by December 31, 2024, the number of days of payables rose slightly to 61.71 days, implying a return to a similar level as seen in 2021.
Overall, the trend in Zebra Technologies Corporation's number of days of payables does exhibit some variability, with fluctuations in the company's ability to manage its payable obligations efficiently. Further analysis of the company's payment policies and supplier relationships may provide additional insights into these fluctuations.
Peer comparison
Dec 31, 2024