Heritage Financial Corporation (HFWA)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data for Heritage Financial Corp.'s number of days of payables is not provided in the table for the years ending December 31, 2019 to December 31, 2023. As a result, it is not possible to analyze the trend or specific values for the number of days of payables for the company during this period. This ratio is typically calculated by dividing average accounts payable by cost of goods sold and then multiplying by 365 to determine the number of days the company takes to pay its suppliers.
Without the specific data for the number of days of payables, it is difficult to assess the efficiency of Heritage Financial Corp. in managing its payables and its liquidity position over the given period. It is advisable to refer to the company's financial statements or seek additional information to perform a detailed analysis of this ratio and its implications for the company's financial health.