The Ensign Group Inc (ENSG)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 36.44 | 34.54 | 32.62 | 37.39 | 39.28 | |
| Number of days of payables | days | 10.02 | 10.57 | 11.19 | 9.76 | 9.29 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 36.44
= 10.02
The number of days of payables for The Ensign Group Inc has shown a slight increment from 9.29 days as of December 31, 2020, to 10.02 days as of December 31, 2024. This indicates that, on average, the company takes around 10 days to pay its suppliers and vendors. The increase in the number of days of payables may suggest a potential slowdown in payment processing over the analyzed period. It is important to monitor payables closely as prolonged payment cycles can impact relationships with suppliers and cash flow management.
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
The Ensign Group Inc
ENSG
10.02
National HealthCare Corporation
NHC
16.96