Light & Wonder Inc (LNW)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.47 | 4.62 | 7.19 | 5.17 | 7.50 | |
| Number of days of payables | days | 38.53 | 79.03 | 50.78 | 70.58 | 48.67 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.47
= 38.53
Based on the data provided, the number of days of payables for Light & Wonder Inc has varied over the years.
As of December 31, 2020, the company had an average payment period of 48.67 days, indicating that on average, it took approximately 48.67 days for the company to settle its accounts payable.
By December 31, 2021, the number of days of payables had increased to 70.58 days, suggesting a longer payment period compared to the previous year. This increase may indicate a slower pace in settling the company's payables.
In the following year, as of December 31, 2022, the average payment period decreased to 50.78 days, showing a partial improvement in the company's payables management compared to the previous year.
By December 31, 2023, the number of days of payables rose again to 79.03 days, signaling a significant elongation in the payment period, which may have implications for the company's liquidity and relationships with suppliers.
As of December 31, 2024, the average payment period dropped to 38.53 days, indicating a notable improvement in the company's payables management efficiency compared to the previous year.
Overall, fluctuating trends in the number of days of payables for Light & Wonder Inc over the years suggest variations in the company's approach to managing its accounts payable, which can impact its working capital and relationships with vendors.
Peer comparison
Dec 31, 2024