Cytokinetics Inc (CYTK)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.07 | 6.95 | 4.72 | 6.56 | 4.85 | |
| Number of days of payables | days | 45.22 | 52.52 | 77.27 | 55.63 | 75.19 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.07
= 45.22
To analyze Cytokinetics Inc's number of days of payables, we need specific values for each year to calculate this ratio. The number of days of payables indicates the average number of days a company takes to pay its suppliers. A lower number of days typically suggests the company pays its suppliers more quickly, while a higher number of days may indicate a longer payment period, potentially pointing to potential liquidity or operational issues. Without the specific data for each year provided in the table, we are unable to calculate or provide a comprehensive analysis of Cytokinetics Inc's number of days of payables.
Peer comparison
Dec 31, 2023