GXO Logistics Inc (GXO)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 GXO Logistics Inc's number of days of payables is currently not available for any of the specified periods from December 31, 2020, to December 31, 2024. Without specific figures for the number of days of payables, it is challenging to conduct a detailed analysis or interpretation of this ratio.
In general, the number of days of payables is a financial ratio that measures how long a company takes to pay its suppliers or creditors. A longer number of days of payables may indicate that the company is taking longer to settle its payables, which could potentially strain relationships with suppliers or suggest inefficiencies in managing its working capital. Conversely, a shorter number of days of payables may indicate a more efficient payments process or potentially signal difficulties in meeting financial obligations.
Given the absence of specific data points for the number of days of payables for GXO Logistics Inc, a detailed analysis of this ratio's trend or comparison with industry benchmarks or peers is currently not feasible. It would be beneficial to refer to updated financial statements or reports in the future to assess the company's payables management further.
Peer comparison
Dec 31, 2024