Graham Holdings Co (GHC)
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 | 5.61 | 1.03 | 0.23 | 0.08 | -0.06 | -0.98 | -0.45 | -0.36 | -0.11 | -0.10 | -0.08 | — | 0.56 | — | — | — | — | — | — | — | |
| Number of days of payables | days | 65.01 | 353.04 | 1,615.74 | 4,413.81 | — | — | — | — | — | — | — | — | 652.90 | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.61
= 65.01
The number of days of payables for Graham Holdings Co. has shown fluctuations over the past eight quarters. In Q4 2023, the company took approximately 18.17 days, on average, to pay its suppliers, a slight increase from the previous quarter. This suggests that the company's payment cycle has lengthened slightly. Looking back at the trend, there was a noticeable decrease from Q2 2022 to Q3 2022, where the number of days of payables dropped significantly. However, in Q4 2022, there was a reversal as the number of days increased again. Overall, the company has been successful in managing its payables effectively, with fluctuations observed, potentially indicating changes in the company's payment terms or the efficiency of managing its working capital.
Peer comparison
Dec 31, 2023