Zebra Technologies Corporation (ZBRA)
Number of days of payables
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.76 | 6.56 | 7.42 | 7.94 | 9.01 | 7.28 | 7.14 | 5.36 | 5.20 | 5.28 | 6.17 | 5.88 | 6.50 | 6.31 | 6.14 | 5.62 | 6.09 | 6.54 | 7.56 | 6.13 | |
| Number of days of payables | days | 63.40 | 55.65 | 49.22 | 45.98 | 40.51 | 50.12 | 51.15 | 68.11 | 70.16 | 69.09 | 59.14 | 62.07 | 56.18 | 57.83 | 59.45 | 64.92 | 59.94 | 55.79 | 48.26 | 59.57 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.76
= 63.40
The number of days of payables for Zebra Technologies Corporation has varied over the years based on the data provided.
From December 31, 2019, to September 30, 2020, the number of days of payables remained relatively stable, ranging from 48.26 days to 59.94 days. This indicates that the company generally takes around 50 to 60 days to pay its trade payables.
From December 31, 2020, to June 30, 2021, there was a slight uptick in the number of days of payables, reaching 64.92 days in December 2020. However, the number decreased to around 57 to 59 days in the subsequent quarters, indicating a potential improvement in the company's payables management.
From September 30, 2021, to March 31, 2024, the number of days of payables fluctuated between 40.51 days to 55.65 days. Notably, there was a dip in the number of days of payables in the latest quarter, with only 45.98 days recorded on December 31, 2023.
Overall, the trend in the number of days of payables for Zebra Technologies Corporation shows some variability but generally hovers around 50 to 60 days. This metric is crucial in assessing the company's ability to manage its outstanding obligations to suppliers and its cash flow management practices.
Peer comparison
Dec 31, 2024