Ziff Davis Inc (ZD)
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 | 1.22 | 0.54 | 0.55 | 0.55 | 1.60 | 1.56 | 1.55 | 1.36 | 1.62 | — | — | — | 1.44 | — | — | — | — | — | — | — | |
| Number of days of payables | days | 299.46 | 672.89 | 658.88 | 661.82 | 228.03 | 233.82 | 236.05 | 269.22 | 225.53 | — | — | — | 254.22 | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.22
= 299.46
Ziff Davis Inc's number of days of payables has shown fluctuations over the years based on the available data. As of December 31, 2021, the company had 254.22 days of payables, which decreased to 225.53 days by the end of December 31, 2022. This reduction indicates an improvement in the efficiency of managing payables.
However, there was an increase in the number of days of payables to 269.22 days by March 31, 2023, and then a slight decline to 236.05 days by June 30, 2023. Subsequently, the trend continued with 233.82 days as of September 30, 2023, and 228.03 days by December 31, 2023.
The data then reveals a significant spike in the number of days of payables to 661.82 days by March 31, 2024, which remained at a high level of 658.88 days by June 30, 2024, and 672.89 days by September 30, 2024. This unusually high number of days of payables may indicate potential inefficiencies or challenges in managing the company's payables during that period.
Overall, it is essential for Ziff Davis Inc to closely monitor and manage its payables effectively to ensure optimal working capital management and financial stability.