Hertz Global Holdings Inc (HTZ)
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 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The provided data indicates that the number of days of payables for Hertz Global Holdings Inc is not available for the periods mentioned up to December 31, 2024. Days payables outstanding (DPO) is a financial ratio that measures the average number of days a company takes to pay its suppliers. This ratio is important for assessing a company's payment practices and its liquidity position.
In this case, the absence of specific data for the number of days of payables means that we do not have the necessary information to evaluate Hertz Global Holdings Inc's payables management efficiency. Typically, a longer DPO may indicate that the company is taking longer to settle its payables, which could imply improved liquidity but may also strain relationships with suppliers. On the other hand, a shorter DPO may suggest a more aggressive approach to paying off obligations, potentially benefiting from early payment discounts but potentially affecting cash flow negatively.
Without the specific values for DPO, it is challenging to draw any conclusions regarding Hertz Global Holdings Inc's payment practices and their implications for the company's operations and financial health. It is important for investors and analysts to have a complete set of financial ratios to gain a comprehensive understanding of a company's financial performance and efficiency in managing its working capital.
Peer comparison
Dec 31, 2024