AMC Networks Inc (AMCX)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 14.84 | 8.81 | 8.27 | 11.63 | 15.98 | |
| Number of days of payables | days | 24.60 | 41.42 | 44.15 | 31.39 | 22.84 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.84
= 24.60
The number of days of payables for AMC Networks Inc could not be determined from the data provided. In order to calculate the number of days of payables, we would need the accounts payable balance for each respective year along with cost of goods sold or relevant expenses. This ratio helps in assessing how long it takes the company to pay off its trade payables. Without the specific data points, a detailed analysis or trend observation cannot be provided. It is important for the company to closely monitor its days of payables as it can indicate the efficiency of its working capital management and supplier relationships.
Peer comparison
Dec 31, 2023