Alliant Energy Corp (LNT)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		2.28	2.31	2.38	2.68	1.82	1.72	2.29	3.45	3.01	3.61	3.26	3.97	3.16	2.82	2.70	3.18	3.33	3.23	4.31	5.21
Number of days of payables	days	159.98	158.26	153.17	136.32	200.54	212.51	159.55	105.83	121.20	101.20	111.87	91.96	115.44	129.58	135.18	114.80	109.47	112.85	84.70	70.10

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.28
= 159.98

The number of days of payables for Alliant Energy Corp. has shown fluctuations over the past eight quarters. In Q4 2023, the number of days of payables was 137.83 days, indicating that, on average, it takes approximately 137.83 days for the company to pay its suppliers. This represents an increase from the previous quarter, where the number of days of payables was 129.15 days.

Comparing the current value to historical data, Q4 2023's figure is higher than the average number of days of payables in the past eight quarters. The highest number of days of payables was recorded in Q3 2022 at 167.77 days, while the lowest was in Q1 2022 at 90.54 days.

The upward trend in the number of days of payables may suggest that Alliant Energy Corp. is taking longer to pay its suppliers, potentially indicating a strain on its working capital or cash flow management. Further analysis and comparison with industry benchmarks would provide more insights into the company's payment practices and financial health.