GXO Logistics Inc (GXO)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 12.93 | 15.21 | 15.89 | 13.58 | 12.12 | 14.93 | 13.84 | 14.47 | ||||
Number of days of payables | days | 28.23 | 24.00 | 22.97 | 26.88 | 30.12 | 24.44 | 26.38 | 25.23 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.93
= 28.23
I'm sorry, but without specific data for the number of days of payables for GXO Logistics Inc in each quarter as shown in the table, I am unable to perform a detailed analysis. To provide an accurate and comprehensive analysis of the number of days of payables for GXO Logistics Inc, I would need the actual numerical values for each quarter to calculate and interpret the trend over time. If you can provide me with the specific data for each quarter, I would be happy to assist you further in analyzing the number of days of payables for GXO Logistics Inc.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
GXO Logistics Inc
GXO
28.23
Booking Holdings Inc
BKNG
131.08
Expedia Group Inc.
EXPE
44.64
GATX Corporation
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—
RXO Inc.
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42.15
Verra Mobility Corp
VRRM
102.21
XPO Logistics Inc
XPO
50.19