FirstEnergy Corporation (FE)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for FirstEnergy Corporation's number of days of payables indicates that specific information regarding the company's payables turnover ratio is not available at this time. Without the exact number of days of payables for the specified periods, it is challenging to provide a detailed analysis of this ratio.
The number of days of payables is an important metric that helps assess how long it takes for a company to pay its suppliers. A longer number of days of payables may suggest that the company is taking a longer time to settle its outstanding obligations, which could potentially strain relationships with suppliers.
On the other hand, a shorter number of days of payables could indicate efficient working capital management, as the company is paying its dues promptly and maintaining good relationships with its suppliers.
In the absence of specific data for FirstEnergy Corporation's number of days of payables, a comprehensive analysis of its payment practices and working capital efficiency cannot be provided at this time. It is important for stakeholders to monitor this metric along with other financial ratios to assess the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024