Boise Cascad Llc (BCC)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 26.47 | 20.53 | 16.45 | 19.89 | |
| Number of days of payables | days | — | 13.79 | 17.78 | 22.19 | 18.36 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Boise Cascade Co's number of days of payables has displayed fluctuations over the past five years. In 2023, the number of days of payables increased to 21.03 days from 15.27 days in 2022, indicating that the company took longer to pay its suppliers in 2023. This rise could suggest potential changes in the company's payment policies or supplier relationships. Comparing to 2021, where the number of days of payables was 19.49 days, the increase in 2023 is more pronounced.
It is notable that there is no data available for the number of days of payables in 2020 and 2019, which limits the ability to track the trend over a longer period. However, based on the available data, the increase in the number of days of payables in 2023 compared to the preceding years warrants further investigation into the company's cash flow management and working capital practices.
Peer comparison
Dec 31, 2023