Green Brick Partners Inc (GRBK)
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 | ||
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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 stable over the past eight quarters, ranging from 15.11 days to 18.05 days. A lower number of days of payables indicates that the company is taking less time to pay its suppliers, which could potentially signal efficient management of payables. The slight decrease in the number of days of payables from Q1 2022 to Q1 2023 suggests that the company may have improved its payment processes or negotiated better terms with its suppliers. Overall, the trend in the number of days of payables for Green Brick Partners Inc indicates effective management of its accounts payable.
Peer comparison
Dec 31, 2023