Warrior Met Coal Inc (HCC)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 31.59 | 26.89 | 19.00 | 28.02 | 31.56 | 25.58 | 33.02 | 35.49 | 24.20 | 17.77 | 16.52 | 11.57 | 20.68 | 18.55 | 16.34 | 11.59 | 12.78 | 14.06 | 13.45 | 15.45 | |
| Number of days of payables | days | 11.55 | 13.57 | 19.21 | 13.02 | 11.56 | 14.27 | 11.05 | 10.29 | 15.08 | 20.54 | 22.10 | 31.55 | 17.65 | 19.68 | 22.34 | 31.48 | 28.56 | 25.96 | 27.14 | 23.62 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.59
= 11.55
Warrior Met Coal Inc's number of days of payables has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The company started with 23.62 days of payables in March 2020, which increased to 31.55 days by March 2022. Subsequently, there was a decrease to 10.29 days by March 2023, showing a significant improvement in payment efficiency.
However, the number of days of payables increased in the following quarters, reaching 19.21 days by June 2024. By December 2024, the metric had dropped again to 11.55 days. This fluctuation suggests that Warrior Met Coal Inc has been managing its payables effectively but may have experienced some variability in its payment processes.
Overall, a lower number of days of payables indicates that the company is paying its suppliers more quickly, which can be a sign of good financial health and strong vendor relationships. Conversely, a higher number of days of payables could indicate that the company is taking longer to pay its obligations, potentially affecting its creditworthiness and relationships with suppliers.
Peer comparison
Dec 31, 2024