Six Flags Entertainment Corporation (FUN)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.38 | — | — | — | — | |
| Number of days of payables | days | 38.91 | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.38
= 38.91
Based on the data provided, the number of days of payables for Six Flags Entertainment Corporation as of December 31, 2024, was 38.91 days. This metric measures how long, on average, it takes for the company to pay its suppliers and is an indicator of the company's efficiency in managing its payment obligations. A lower number of days of payables can indicate that the company is paying its suppliers more quickly, which may signal good relationships with vendors or efficient cash management. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its outstanding payables, potentially causing strain on supplier relationships.
Peer comparison
Dec 31, 2024