Ford Motor Company (F)
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 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided for Ford Motor Co., the number of days of payables has shown some fluctuation over the past eight quarters. In Q4 2023, the number of days of payables was 63.02 days, which decreased from the previous quarter Q3 2023 (68.82 days). This suggests that the company took fewer days to pay its creditors in Q4 2023.
Comparing Q4 2023 to the same quarter in the previous year, Q4 2022, the number of days of payables decreased slightly from 69.54 days to 63.02 days. This indicates a potential improvement in the efficiency of managing payables over the year.
Overall, the trend in the number of days of payables for Ford Motor Co. seems to show variability over the past eight quarters, with some fluctuations observed. It would be important to monitor this metric over time to assess the company's management of its payables and working capital efficiency.
Peer comparison
Dec 31, 2023
See also:
Ford Motor Company Average Payables Payment Period (Quarterly Data)