Astrana Health Inc (ASTH)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | 68.91 | 61.82 | 74.24 | |
| Number of days of payables | days | — | — | 5.30 | 5.90 | 4.92 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Astrana Health Inc has been relatively stable over the past five years, with a slight increase from 4.92 days in 2019 to 5.30 days in 2021, followed by a marginal decrease to 5.90 days in 2022. The lack of data for 2020 and 2023 makes it difficult to assess the trend accurately. Nevertheless, a lower number of days of payables suggests that the company is able to settle its outstanding obligations relatively quickly, which may indicate efficient cash management or strong bargaining power with suppliers. Conversely, a higher number of days of payables could imply liquidity challenges or strained relationships with vendors.