IDACORP Inc (IDA)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 0.00 | 0.00 | 0.01 | 0.07 | 0.40 | |
| Number of days of payables | days | 95,751.67 | 96,602.56 | 52,186.78 | 5,196.63 | 919.79 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.00
= 95,751.67
The number of days of payables for Idacorp, Inc. has shown an increasing trend over the past five years. In 2023, the company took an average of 224.52 days to pay its suppliers, compared to 196.28 days in 2022, 135.34 days in 2021, 147.97 days in 2020, and 141.70 days in 2019. This indicates that the company is taking longer to settle its payables, which may suggest a potential strain on its working capital management or changes in its payment terms with suppliers. Further analysis of the company's cash flow and liquidity position would provide a more comprehensive understanding of the impact of this trend on its financial health.
Peer comparison
Dec 31, 2023