Zurn Elkay Water Solutions Corporation (ZWS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 18.38 | 15.65 | 6.98 | 5.12 | 9.41 | |
| Number of days of payables | days | 19.86 | 23.33 | 52.27 | 71.34 | 38.81 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 18.38
= 19.86
The number of days of payables for Zurn Elkay Water Solutions Corporation has shown fluctuations over the years based on the provided data.
- As of March 31, 2020, the company took approximately 38.81 days to pay its suppliers.
- By December 31, 2021, this period had extended to around 71.34 days, indicating a significant increase in the time taken to settle its payables.
- The number of days of payables decreased to 52.27 days by December 31, 2022, suggesting a partial improvement in managing its payables.
- By the end of December 31, 2023, the company further reduced its payables period to approximately 23.33 days, indicating a more efficient management of supplier payments.
- The trend continued positively, with Zurn Elkay Water Solutions Corporation further decreasing the number of days of payables to 19.86 days as of December 31, 2024, showcasing enhanced efficiency and potentially better cash flow management.
Overall, the company's ability to pay its suppliers has seen fluctuations over the years, but recent data shows a trend towards more efficient management of payables, potentially reflecting improved liquidity and financial discipline.
Peer comparison
Dec 31, 2024