Ingredion Incorporated (INGR)
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 data provided does not include specific values for the number of days of payables for Ingredion Incorporated over the specified time periods from March 31, 2020, to December 31, 2024. The number of days of payables is a financial ratio that indicates the average number of days it takes a company to pay its suppliers for goods or services purchased on credit.
Analyzing the number of days of payables is crucial in understanding a company's liquidity and efficiency in managing its accounts payable. A lower number of days of payables suggests that the company is paying its suppliers more quickly, which can indicate strong cash flow management or potentially negotiate favorable credit terms.
Conversely, a higher number of days of payables may indicate that the company is taking longer to pay its suppliers, which could be a sign of financial distress, liquidity issues, or potential inefficiencies in managing working capital.
Without the specific data points for the number of days of payables for Ingredion Incorporated, it is not possible to provide a detailed analysis of this ratio's trend over time or compare it to industry benchmarks. It is important for investors and analysts to track this ratio over multiple periods to assess the company's payment practices and financial health.
Peer comparison
Dec 31, 2024