KAR Auction Services Inc (KAR)

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
Number of days of payables days

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The provided data does not contain specific values for the number of days of payables for KAR Auction Services Inc for various reporting periods. As a result, it is not possible to calculate or analyze the trend of the number of days of payables based on the information available. In order to conduct a detailed analysis of KAR Auction Services Inc's payables management efficiency, it would be necessary to have actual figures for payables and relevant financial data for the specified periods.

In financial analysis, the number of days of payables is a key metric that indicates how long, on average, it takes for a company to pay its suppliers or vendors. A longer number of days of payables suggests that the company is taking longer to pay its bills, which can indicate favorable cash flow management. On the other hand, a significantly shorter number of days of payables may suggest strong bargaining power with suppliers but could also indicate potential liquidity issues.

Without the specific data on the number of days of payables for KAR Auction Services Inc, a comprehensive analysis of the company's payables management efficiency, working capital management, and financial health cannot be provided. It is essential to have access to detailed financial statements and related ratios to evaluate the company's performance accurately.