Cinemark Holdings Inc (CNK)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | 5.59 | 6.20 | |
| Number of days of payables | days | — | — | — | 65.34 | 58.84 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Cinemark Holdings Inc has shown a slight increase over the past year, rising from 58.84 days as of December 31, 2020, to 65.34 days as of December 31, 2021. This metric reflects the average number of days it takes for the company to pay its trade payables. The increase in days of payables may indicate that Cinemark Holdings Inc is taking slightly longer to settle its outstanding liabilities to suppliers or vendors.
Looking forward, the data for December 31, 2022, December 31, 2023, and December 31, 2024 are not available (represented as "— days"). This lack of information for future periods could be due to various reasons, such as the unavailability of the data at this time or changes in reporting practices.
Overall, monitoring the trend in days of payables can provide insights into how efficiently Cinemark Holdings Inc manages its working capital and relationships with its suppliers. It is important to continue monitoring this metric in the future to assess any notable changes in the company's payment practices.