Century Communities Inc (CCS)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Century Communities Inc has shown some fluctuations over the past five years. In 2023, the number of days of payables increased to 18.60 days from 11.58 days in 2022 but remained relatively lower compared to previous years. This suggests that the company took longer to pay its bills in 2023 compared to the previous year.
In 2021, the number of days of payables was at 9.76 days, indicating that the company was able to pay its bills more quickly in that year. However, there was an increase in 2020 to 15.45 days, and to 14.87 days in 2019, suggesting that the company took longer to settle its payables in those years.
Overall, while the number of days of payables for Century Communities Inc has varied from year to year, it is essential for stakeholders to monitor this metric closely to assess the company's ability to manage its working capital effectively and maintain healthy vendor relationships.
Peer comparison
Dec 31, 2023