Arcosa Inc (ACA)
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 | 6.84 | 7.34 | 7.55 | 8.85 | 9.54 | 8.32 | 8.24 | 7.65 | 9.04 | 7.56 | 7.67 | 8.67 | 10.78 | 11.29 | 13.98 | 12.92 | 15.61 | 14.60 | 16.73 | ||
| Number of days of payables | days | 53.36 | 49.71 | 48.36 | 41.25 | 38.24 | 43.86 | 44.30 | 47.73 | 40.36 | 48.27 | 47.59 | 42.10 | 33.85 | 32.33 | 26.11 | 28.24 | 23.39 | 25.00 | 21.82 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.84
= 53.36
Arcosa Inc's number of days of payables has trended upwards over the past eight quarters, indicating a lengthening period the company takes to pay its suppliers and vendors. The number of days of payables has increased from 38.24 days in Q4 2022 to 53.36 days in Q4 2023.
The increase suggests that Arcosa Inc may be taking longer to settle its payables, potentially benefiting from better cash flow management or possibly facing challenges in meeting its payment obligations promptly.
It is essential to monitor this trend closely to assess the company's liquidity position and its ability to manage working capital effectively. A significant increase in the number of days of payables could impact relationships with suppliers and indicate potential financial stress.
Peer comparison
Dec 31, 2023