American Water Works (AWK)

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
Payables turnover		0.18	0.18	0.17	0.21	0.16	0.21	2.45	5.19	5.63	7.60	8.99	9.50	6.54	7.62	7.17	7.84	5.78	8.11	6.21	6.51
Number of days of payables	days	2,063.65	2,080.50	2,190.00	1,718.17	2,261.22	1,708.51	149.04	70.35	64.78	48.03	40.59	38.42	55.77	47.88	50.94	46.54	63.11	45.02	58.74	56.09

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.18
= 2,063.65

Based on the provided data, the number of days of payables for American Water Works Co. Inc. is not available for each quarter in 2022 and 2023. This metric is essential for evaluating the efficiency with which the company manages its accounts payable, as it indicates the average number of days taken by the company to pay its suppliers.

Without specific figures for the number of days of payables, it is challenging to assess the company's liquidity position, cash flow management, and relationships with suppliers accurately. It would be beneficial to have this information to gain insights into the company's payment practices and potential financial risks associated with its accounts payable.