EQT Corporation (EQT)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 2.32 | 2.06 | 1.78 | 1.88 | 3.38 | |
| Number of days of payables | days | 157.59 | 176.99 | 205.06 | 194.19 | 107.83 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.32
= 157.59
The number of days of payables for EQT Corporation has shown an increasing trend over the years, from 107.83 days as of December 31, 2020, to 157.59 days as of December 31, 2024. This indicates that EQT Corporation is taking longer to pay its suppliers and vendors. The significant rise in the number of days of payables from 2020 to 2024 suggests that the company may be facing challenges in managing its working capital efficiently or could be negotiating extended payment terms with its creditors. It is important for EQT Corporation to strike a balance between extending payables to improve cash flow and maintaining good relationships with suppliers to avoid any potential disruptions in the supply chain.
Peer comparison
Dec 31, 2024