DaVita HealthCare Partners Inc (DVA)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.36 | 4.35 | 4.67 | 4.32 | 4.56 | |
| Number of days of payables | days | 83.64 | 83.88 | 78.23 | 84.40 | 79.96 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.36
= 83.64
To calculate the number of days of payables for DaVita Inc, we need the relevant financial data for each year, specifically the accounts payable and cost of goods sold figures. Since the data is not provided in the table, we are unable to compute this ratio.
Controlling the number of days of payables is crucial for managing working capital efficiently. A decreasing number of days of payables may indicate a company is paying its suppliers more quickly, potentially impacting liquidity, while an increasing number of days of payables may suggest a company is taking longer to settle its debts, which could strain supplier relationships. It would be insightful to compare this ratio with industry benchmarks and historical data to assess DaVita Inc's payment practices and financial health more accurately.
In order to conduct a thorough analysis of DaVita Inc's number of days of payables, we would need access to the necessary financial information for the relevant years.
Peer comparison
Dec 31, 2023