California Resources Corp (CRC)
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 | 1.44 | 1.57 | 1.67 | 1.27 | 0.90 | 1.02 | 1.14 | 1.13 | 1.19 | 0.97 | 0.91 | 1.09 | 9.36 | 17.69 | 19.96 | 13.86 | 7.44 | 7.24 | 7.94 | 7.62 | |
| Number of days of payables | days | 254.05 | 232.27 | 218.58 | 286.71 | 406.21 | 357.96 | 319.79 | 323.32 | 307.25 | 378.14 | 402.31 | 335.11 | 39.00 | 20.63 | 18.29 | 26.34 | 49.06 | 50.39 | 45.94 | 47.93 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.44
= 254.05
I'm sorry, but without specific numerical data provided in the table for the number of days of payables for California Resources Corporation, it is not possible to conduct a detailed analysis of this financial ratio. In order to provide a comprehensive analysis, I would require the actual values for the number of days of payables for each of the quarters mentioned in the table (Q4 2023, Q3 2023, Q2 2023, Q1 2023, Q4 2022).
Once you provide the specific data, I would be able to calculate the average number of days of payables, assess trends over time, compare it with industry benchmarks, and offer insights into the company's payment practices and liquidity position in relation to its suppliers.
Peer comparison
Dec 31, 2023