The AES Corporation (AES)
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 | 6.02 | 5.04 | 5.27 | 4.84 | 4.62 | 6.21 | 6.57 | 6.90 | 5.82 | 5.80 | 5.53 | 6.82 | 7.31 | 7.76 | 7.79 | 8.54 | 6.03 | 6.51 | 6.06 | 7.12 | |
| Number of days of payables | days | 60.59 | 72.48 | 69.29 | 75.45 | 78.97 | 58.80 | 55.53 | 52.86 | 62.71 | 62.98 | 65.96 | 53.54 | 49.92 | 47.06 | 46.85 | 42.73 | 60.56 | 56.04 | 60.19 | 51.29 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.02
= 60.59
The number of days of payables for The AES Corporation has fluctuated over the past few years. The data shows that the company took an average of around 60 days to pay its payables at the end of 2020, with an increase to about 78.97 days by the end of 2023, indicating a potential delay in settling its obligations.
Subsequently, there was a reduction in the number of days of payables by the end of 2024 to approximately 60.59 days. This could suggest an improvement in the company's ability to manage its payables more efficiently or negotiate better payment terms with its suppliers.
Overall, monitoring the number of days of payables can provide insights into a company's liquidity position, cash flow management, and relationships with suppliers. It is essential for investors and stakeholders to assess this metric alongside other financial ratios and performance indicators to gain a comprehensive understanding of The AES Corporation's financial health and operational efficiency.