The Andersons Inc (ANDE)
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 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
To analyze Andersons Inc.'s number of days of payables, we need to calculate the average number of days it takes the company to pay its trade payables. Unfortunately, the specific data provided does not reveal the exact values of the number of days of payables for each quarter. Without this information, we are unable to make a precise calculation of the average number of days of payables.
To perform a comprehensive analysis and evaluate the company's payment practices, we would need access to accurate and detailed data on the accounts payable balance, cost of goods sold, and purchases made during each quarter. With this information, we could compute the number of days of payables turnover and track the trend over time, helping to assess the efficiency of the company's cash management and vendor payment strategy.
For a more insightful analysis of Andersons Inc.'s payment policies and financial performance, it is recommended to obtain the missing data points or additional relevant financial information for a holistic evaluation of the company's payables management.
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Dec 31, 2023