Charter Communications Inc (CHTR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.94 | 6.08 | 5.10 | 6.90 | 7.02 | |
| Number of days of payables | days | 61.46 | 60.03 | 71.57 | 52.88 | 51.98 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.94
= 61.46
The number of days of payables for Charter Communications Inc has shown some fluctuations over the years. As of December 31, 2020, the company took approximately 51.98 days, on average, to pay its suppliers. This increased slightly to about 52.88 days by the end of 2021. However, there was a significant jump in the number of days of payables to 71.57 days by December 31, 2022, indicating that the company was taking longer to settle its payables.
By the end of 2023, Charter Communications Inc managed to lower its number of days of payables to around 60.03 days, showing an improvement compared to the previous year. In the most recent period, as of December 31, 2024, the company's number of days of payables was at 61.46 days, which remained relatively stable compared to the prior year.
Overall, it is important for analysts to monitor the trend in the number of days of payables as it can provide insights into the company's liquidity management and supplier relationships. Fluctuations in this ratio may indicate changes in payment terms or operational efficiency within Charter Communications Inc.
Peer comparison
Dec 31, 2024