Consol Energy Inc (CEIX)
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 | 2.66 | 2.73 | 2.87 | 2.87 | 2.78 | 2.88 | 3.06 | 3.12 | 3.67 | 3.24 | 2.83 | 1.78 | 1.75 | 0.98 | 1.08 | 0.84 | 0.71 | 0.63 | 0.60 | 0.72 | |
| Number of days of payables | days | 137.38 | 133.69 | 127.06 | 127.13 | 131.19 | 126.70 | 119.22 | 116.95 | 99.41 | 112.70 | 128.92 | 204.65 | 208.83 | 373.51 | 337.20 | 432.03 | 517.30 | 583.66 | 610.20 | 507.26 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.66
= 137.38
To analyze Consol Energy Inc's number of days of payables, we need specific data values for each quarter which are currently not available. Without this information, it is not possible to calculate or interpret the number of days of payables for the company.
However, a higher number of days of payables may indicate that the company takes longer to pay its suppliers, potentially signaling a liquidity advantage for Consol Energy Inc as it can hold onto cash for a longer period. Conversely, a decrease in the number of days of payables could suggest a more efficient management of payables but may also raise concerns about the company's relationship with suppliers.
In future analyses, it would be helpful to have the actual numerical values for the number of days of payables in order to provide a more insightful assessment of Consol Energy Inc's financial performance and working capital management.
Peer comparison
Dec 31, 2023