American States Water Company (AWR)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | 2.26 | 2.76 | 2.14 | 2.74 | 2.88 | |
Number of days of payables | days | 161.57 | 132.09 | 170.69 | 133.04 | 126.83 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.26
= 161.57
The number of days of payables for American States Water Company has shown some fluctuations over the past five years.
As of December 31, 2020, the company took approximately 126.83 days, on average, to pay its suppliers. This ratio increased to 133.04 days by December 31, 2021, showing a slight elongation in the payment period.
However, a noteworthy jump was observed by December 31, 2022, where the number of days of payables surged to 170.69 days, indicating a significant extension in the time taken by the company to settle its payables.
By December 31, 2023, the number of days of payables decreased to 132.09 days, suggesting a partial reduction towards the payment period observed in 2021.
In the most recent period as of December 31, 2024, the number of days of payables for American States Water Company rose to 161.57 days, indicating a lengthening in the payment cycle compared to the previous year.
Overall, the trend in the number of days of payables for the company appears to have experienced fluctuations, with notable increases in 2022 and 2024, potentially signaling changes in the company's payment practices or relationships with suppliers.
Peer comparison
Dec 31, 2024