NiSource Inc (NI)

The number of days of payables for NiSource Inc has shown fluctuations over the past five years. In 2023, the company took approximately 178.39 days to pay its suppliers, which increased from the previous year. This indicates that NiSource Inc is taking longer to settle its outstanding payables, potentially reflecting stretched liquidity or extended credit terms with suppliers. Comparing to 2021, where the number of days of payables was 182.93 days, the 2023 figure shows an improvement, suggesting better efficiency in managing payables.

However, it's worth noting that in 2020 and 2019, NiSource Inc took even longer to pay its suppliers, with 193.80 days and 158.39 days of payables, respectively. This implies fluctuations in the company's payment practices over the years. A higher number of days of payables may indicate a potential strain on the company's working capital or financial difficulties, while a lower number of days may suggest better cash management or negotiation power with suppliers.

Overall, analyzing the trend in the number of days of payables can provide insights into NiSource Inc's liquidity position, efficiency in managing working capital, and relationships with suppliers.

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Dec 31, 2023