Keurig Dr Pepper Inc (KDP)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.40 | 3.38 | 2.37 | 2.43 | 2.63 | |
| Number of days of payables | days | 83.03 | 108.12 | 154.30 | 150.00 | 138.80 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.40
= 83.03
Keurig Dr Pepper Inc's number of days of payables has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The trend indicates an increase from 138.80 days on December 31, 2020, to 150.00 days on December 31, 2021, and further to 154.30 days on December 31, 2022. However, there was a notable decrease to 108.12 days on December 31, 2023, followed by a significant drop to 83.03 days on December 31, 2024.
The increase in the number of days of payables from 2020 to 2022 suggests that Keurig Dr Pepper Inc took longer to pay its suppliers during this period. The subsequent decrease in 2023 and 2024 indicates an improvement in the company's ability to manage its payables more efficiently, possibly by negotiating better payment terms or streamlining its accounts payable processes.
Overall, monitoring the number of days of payables can provide insights into Keurig Dr Pepper Inc's liquidity management and relationships with suppliers. A longer number of days of payables may indicate potential cash flow advantages but could also signal strained supplier relationships, while a shorter number of days could suggest effective working capital management.
Peer comparison
Dec 31, 2024