Green Brick Partners Inc (GRBK)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Green Brick Partners Inc has been relatively consistent over the past five years, with values ranging from 12.07 days to 17.61 days. This ratio indicates the average number of days it takes for the company to pay its suppliers.
In 2023, the number of days of payables increased slightly to 16.13 days compared to the previous year, suggesting a slightly longer period for the company to settle its payables. However, this increase is not significant and remains within a reasonable range.
Overall, Green Brick Partners Inc appears to have a stable payment relationship with its suppliers, as indicated by the consistent values of the number of days of payables over the years. This consistency may reflect effective management of working capital and supplier relationships within the company.
Peer comparison
Dec 31, 2023