Avis Budget Group Inc (CAR)
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 | 6.93 | 6.12 | 4.81 | 5.10 | 5.19 | 3.14 | 3.08 | 3.42 | 4.45 | 5.43 | 5.15 | 4.76 | 6.27 | 6.88 | 8.38 | 8.96 | 9.64 | 9.44 | 9.03 | 8.80 | |
| Number of days of payables | days | 52.70 | 59.62 | 75.94 | 71.54 | 70.31 | 116.33 | 118.44 | 106.57 | 81.94 | 67.17 | 70.81 | 76.72 | 58.18 | 53.04 | 43.55 | 40.72 | 37.87 | 38.68 | 40.43 | 41.47 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.93
= 52.70
To analyze Avis Budget Group Inc's number of days of payables, we need the specific values for each quarter provided in the table. Unfortunately, the table does not contain any numerical data for the number of days of payables for the specified quarters. Without this information, a detailed and comprehensive analysis of Avis Budget Group Inc's number of days of payables is not possible. It is essential to have the actual numerical values to calculate and interpret this financial ratio effectively. Please provide the specific data points for the number of days of payables for each quarter to conduct a meaningful analysis.
Peer comparison
Dec 31, 2023