The Andersons Inc (ANDE)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the provided data, the number of days of payables for Andersons Inc. is not available for the years ending on December 31 of 2023, 2022, 2021, 2020, and 2019. Without this information, it is challenging to assess the average number of days the company takes to pay its suppliers. Monitoring this ratio over time can provide insights into the company's payment policies and liquidity management. In future analyses, it would be beneficial to have this data to evaluate Andersons Inc.'s efficiency in managing its accounts payable.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
The Andersons Inc
ANDE
—
Universal Corporation
UVV
0.23