Las Vegas Sands Corp (LVS)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		26.51	13.95	22.30	24.56	25.53
Number of days of payables	days	13.77	26.16	16.37	14.86	14.30

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 26.51
= 13.77

Las Vegas Sands Corp's number of days of payables has shown fluctuations over the past five years. It was at 14.30 days as of December 31, 2020, and increased slightly to 14.86 days by December 31, 2021. However, there was a notable jump to 16.37 days as of December 31, 2022. The metric then surged to 26.16 days by December 31, 2023, indicating an increase in the number of days the company takes to pay its suppliers.

Interestingly, there was a significant decrease in the number of days of payables to 13.77 days by December 31, 2024, which could suggest improved efficiency in managing payables.

Analyzing the number of days of payables provides insights into Las Vegas Sands Corp's ability to manage its trade credit and liquidity position. Further assessment of trends and industry benchmarks would help in evaluating the company's payment terms and financial health.