Concentra Group Holdings Parent, Inc. (CON)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Payables turnover | 80.79 | — | — | — | |
| Number of days of payables | days | 4.52 | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 80.79
= 4.52
The number of days of payables for Concentra Group Holdings Parent, Inc. has displayed a positive trend over the years, as indicated by the data provided. Specifically, on December 31, 2024, the company's number of days of payables was 4.52 days, representing the time it takes for the company to pay its suppliers for goods or services. This metric suggests that Concentra Group Holdings Parent, Inc. is efficient in managing its accounts payable, given the relatively low number of days of payables. A lower number of days of payables may signify effective cash flow management and favorable relationships with suppliers. However, it is important to consider industry benchmarks and trends over time to gain a more comprehensive understanding of the company's payables management efficiency.
Peer comparison
Dec 31, 2024