DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 2.45 | 1.78 | 1.74 | 2.03 | 1.81 | 2.83 | 6.34 | 9.52 | ||||
| Number of days of payables | days | 149.17 | 204.80 | 210.25 | 179.98 | 202.02 | 128.93 | 57.54 | 38.32 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.45
= 149.17
As the data for the number of days of payables for DT Midstream Inc is not available, it is not possible to analyze the trend or current status of the company's payables management efficiency over the specified periods. The number of days of payables represents the average number of days it takes for a company to pay its suppliers or trade payables. A lower number of days of payables may indicate that the company is paying its bills quickly, potentially suggesting strong liquidity or good relationships with suppliers. Conversely, a higher number of days of payables could imply that the company is taking longer to settle its debts, which may indicate cash flow issues or strained supplier relationships. Without the specific data points, a detailed analysis of DT Midstream Inc's payables management performance cannot be provided.
Peer comparison
Dec 31, 2023