Edison International (EIX)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 0.02 | 0.02 | 0.02 | -0.08 | 0.06 | |
| Number of days of payables | days | 15,399.89 | 20,500.83 | 18,736.67 | — | 5,976.45 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.02
= 15,399.89
The number of days of payables for Edison International is not provided in the table. This ratio typically reflects the average number of days it takes for a company to pay its trade payables. A lower number of days indicates that the company is paying its suppliers more quickly, which could potentially strain its cash flow. Conversely, a higher number of days may indicate that the company is effectively using its trade credit terms to manage working capital.
Without the specific data for each year, it is not possible to analyze the trend or evaluate the efficiency of Edison International in managing its payables over the years. It would be helpful to have the actual values for the number of days of payables in order to provide a more insightful analysis of the company's payment practices.
Peer comparison
Dec 31, 2023