Lumen Technologies Inc (LUMN)

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 22.92 28.23 24.64 18.10 19.92 14.51 14.05 16.64 20.40 25.79 22.67 21.90 19.83 9.51 9.22 8.64 15.68 15.79 16.71 18.79
Number of days of payables days 15.93 12.93 14.81 20.16 18.32 25.16 25.98 21.93 17.89 14.15 16.10 16.66 18.40 38.37 39.58 42.23 23.28 23.12 21.85 19.42

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 22.92
= 15.93

The number of days of payables for Lumen Technologies Inc has shown fluctuations over the past eight quarters. In Q4 2023, the number of days of payables was recorded at 57.94 days, which increased compared to the previous quarter. This indicates that the company took longer to pay its suppliers in Q4 2023.

Compared to the same quarter in the previous year (Q4 2022), there has been a notable increase in the number of days of payables, reflecting a potential shift in the company's payment practices.

Overall, the trend in Lumen Technologies Inc's number of days of payables suggests a varying payment schedule for its suppliers, which may impact the company's liquidity position and relationships with its vendors. Further analysis would be required to determine the reasons behind these fluctuations and their potential implications for the company's financial performance.


Peer comparison

Dec 31, 2023