Six Flags Entertainment Corporation (FUN)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.52 | 9.33 | 8.17 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | 34.70 | 39.11 | 44.69 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.52
= 34.70
The number of days of payables for Six Flags Entertainment Corporation has shown a decreasing trend over the period from June 30, 2024, to December 31, 2024. Specifically, the number of days of payables decreased from 44.69 days as of June 30, 2024, to 39.11 days as of September 30, 2024, and further decreased to 34.70 days as of December 31, 2024. This decreasing trend indicates that the company is taking fewer days to pay its suppliers and vendors, which could suggest improved efficiency in managing its payables. It may also imply stronger cash flow management or negotiation power with suppliers.
Peer comparison
Dec 31, 2024