Astec Industries Inc (ASTE)
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 | ||
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Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Astec Industries Inc is not provided in the data for the periods mentioned. This ratio is crucial for analyzing how long the company takes to pay its suppliers. A lower number of days of payables typically indicates that the company is paying its bills more quickly, which may indicate strong liquidity but could also suggest a lack of negotiation power with suppliers.
Without the specific values for the number of days of payables, it is challenging to assess Astec Industries Inc's payment practices and working capital management in more detail. Investors and analysts typically use this ratio in conjunction with other liquidity and efficiency metrics to get a comprehensive view of a company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024