Genuine Parts Co (GPC)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| 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 Genuine Parts Co indicates that the number of days of payables for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024 are not available (denoted by "\u2014 days"). Without specific values for the number of days of payables for these years, it is difficult to assess the company's efficiency in paying its suppliers relative to its operating cycle.
The number of days of payables is a crucial metric in analyzing a company's management of its accounts payable. A lower number of days of payables may suggest that the company is paying its suppliers more quickly, potentially indicating strong liquidity and favorable supplier relationships. On the other hand, a higher number of days of payables may indicate that the company is taking longer to settle its obligations, which could lead to strained supplier relationships or cash flow management issues.
Given the absence of data points, a comprehensive analysis of Genuine Parts Co's performance in managing its payables based on the number of days of payables is not possible. It is recommended to monitor future financial disclosures to evaluate any trends or changes in the company's payment practices and operational efficiency.