Archer-Daniels-Midland Company (ADM)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The provided data indicates that for the years ending December 31, 2020, 2021, 2022, 2023, and 2024, Archer-Daniels-Midland Company's number of days of payables is not specified (\u2014 days).
A company's number of days of payables represents the average number of days it takes for the company to pay its suppliers or trade payables. This metric is crucial in analyzing the efficiency of a company in managing its accounts payable and cash flow.
The absence of specific data for the number of days of payables makes it challenging to assess how effectively Archer-Daniels-Midland Company manages its accounts payable from year to year. It is essential for the company to disclose this information to provide stakeholders with insights into its payment policies, creditor relationships, and working capital management.
In future analyses, it would be beneficial to have precise figures for the number of days of payables to evaluate the company's liquidity, cash flow management, and potential financial risks related to its payables.
Peer comparison
Dec 31, 2024