Boise Cascad Llc (BCC)
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 | — | — | — | 16.55 | 26.47 | 18.14 | 16.36 | 14.55 | 20.53 | 12.98 | 9.91 | 9.16 | 12.03 | 12.47 | 14.17 | 11.36 | 11.15 | 5.48 | 1.78 | 1.72 | |
| Number of days of payables | days | — | — | — | 22.05 | 13.79 | 20.12 | 22.31 | 25.09 | 17.78 | 28.13 | 36.82 | 39.85 | 30.35 | 29.26 | 25.75 | 32.12 | 32.75 | 66.58 | 204.71 | 212.52 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Boise Cascade Co had a number of days of payables of 21.03 days in Q4 2023, which decreased compared to the previous quarter's 27.46 days in Q3 2023. This signifies that the company took fewer days to pay its suppliers for goods and services in Q4 2023. Additionally, the number of days of payables in Q4 2023 was lower than the same period in the previous year, Q4 2022, which had 15.27 days. This indicates an improvement in managing payables efficiently.
Overall, the trend in the number of days of payables for Boise Cascade Co has shown fluctuation over the past eight quarters, with some quarters showing an increase and others showing a decrease. Managing payables effectively is crucial for a company's liquidity and cash flow management. The decreasing trend in the number of days of payables in Q4 2023 compared to the previous quarter is a positive sign, indicating potential improvements in the company's working capital management.
Peer comparison
Dec 31, 2023