Warrior Met Coal Inc (HCC)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 31.65 | 31.62 | 24.25 | 20.73 | 12.81 | |
| Number of days of payables | days | 11.53 | 11.54 | 15.05 | 17.61 | 28.50 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.65
= 11.53
Warrior Met Coal Inc's number of days of payables has shown a decreasing trend over the past five years, from 28.50 days as of December 31, 2020, to 11.53 days as of December 31, 2024. This suggests that the company has been able to manage its payables more efficiently over the years, possibly by negotiating better payment terms with its suppliers or improving its working capital management. A lower number of days of payables indicates that the company is taking less time to pay off its suppliers, which could be a positive sign of liquidity and operational efficiency.
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
Warrior Met Coal Inc
HCC
11.53
Consol Energy Inc
CEIX
137.38