Clearway Energy Inc Class C (CWEN)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Payables turnover — — — 3.99 3.64 6.26 6.68 5.93 7.91 8.58 8.03 6.17 6.09 7.33 6.83 4.12 5.08 7.98 8.68 —
Number of days of payables days — — — 91.44 100.32 58.30 54.62 61.57 46.15 42.52 45.43 59.15 59.89 49.81 53.44 88.63 71.80 45.75 42.04 —

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 provided periods. The trend indicates that the company takes an average of around 60 days to pay its suppliers.

There was a notable increase in the number of days of payables from 42.04 days as of June 30, 2020, to a peak of 100.32 days as of December 31, 2023. This suggests a potential delay in payments to suppliers during this period.

Subsequently, there was a decline in the number of days of payables to 91.44 days as of March 31, 2024. This decrease could indicate an improvement in the company's payment practices or renegotiation of payment terms.

It is worth noting that there is missing data for some periods, especially in June 30, 2024, September 30, 2024, and December 31, 2024, which limits a comprehensive analysis of the trend for those specific dates.

Overall, the analysis of Clearway Energy Inc Class C's number of days of payables illustrates a fluctuating pattern in payment practices, suggesting a need for monitoring and potentially optimizing working capital management strategies in the future.