Ziff Davis Inc (ZD)
Number of days of payables
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 1.60 | 1.56 | 1.55 | 1.36 | 1.62 | — | — | — | 1.44 | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | 228.03 | 233.82 | 236.05 | 269.22 | 225.53 | — | — | — | 254.22 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.60
= 228.03
The analysis of Ziff Davis Inc's number of days of payables shows a fluctuating trend over the past four quarters. In Q4 2023, the company's number of days of payables decreased to 228.03 days compared to the previous quarter, indicating that Ziff Davis Inc took fewer days to pay its suppliers or vendors.
However, looking back at Q1 2023, there was a significant increase in the number of days of payables to 269.22 days, suggesting that the company took longer to settle its payables during that period.
Comparing the numbers to the same quarter in the previous year, Q4 2022 had a slightly higher number of days of payables at 225.53 days, indicating a slight increase in the time taken by Ziff Davis Inc to pay its obligations to suppliers.
Unfortunately, the data for Q2 and Q3 of 2022 is missing, preventing a complete analysis of the trend over the past year.
Overall, the analysis of Ziff Davis Inc's number of days of payables highlights some variability in the company's payment practices, with fluctuations observed across quarters. It would be important to monitor this metric further to understand the company's working capital management and supplier relationships.