Clearway Energy Inc Class C (CWEN)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 3.64 | 7.91 | 6.09 | 5.08 | |
Number of days of payables | days | — | 100.32 | 46.15 | 59.89 | 71.80 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Clearway Energy Inc Class C has shown fluctuations over the past years:
1. As of December 31, 2020, the number of days of payables was 71.80 days, indicating that, on average, the company takes about 71.80 days to pay its suppliers and vendors.
2. By December 31, 2021, the days of payables decreased to 59.89 days, suggesting that Clearway Energy was managing its payables more efficiently, possibly negotiating better payment terms with its creditors.
3. The trend continued in the following year, with the number of days of payables dropping further to 46.15 days as of December 31, 2022, indicating improved working capital management.
4. However, there was a significant increase in the number of days of payables by December 31, 2023, rising to 100.32 days. This could be a signal that Clearway Energy was taking longer to settle its payables, possibly facing liquidity challenges or disruptions in its supply chain.
5. Lastly, the data for December 31, 2024, shows a dash, which could imply that the information for that period is not available or has not been reported yet.
Overall, analyzing the number of days of payables provides insights into Clearway Energy Inc Class C's efficiency in managing its payment obligations to suppliers and highlights fluctuations in the company's working capital management over the years.
Peer comparison
Dec 31, 2024