Norfolk Southern Corporation (NSC)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 2.48 | 3.20 | 2.44 | 2.99 | 2.67 | |
| Number of days of payables | days | 147.44 | 114.19 | 149.66 | 122.19 | 136.95 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.48
= 147.44
The number of days of payables for Norfolk Southern Corp. is not provided in the table. This ratio measures how long the company takes to pay its suppliers and is calculated by dividing the average accounts payable by cost of goods sold and then multiplying by 365 days. Without the specific data for each year, it is not possible to analyze the trend or efficiency of Norfolk Southern Corp.'s payment cycle over time.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
Norfolk Southern Corporation
NSC
147.44
CSX Corporation
CSX
97.22
Union Pacific Corporation
UNP
30.65
See also:
Norfolk Southern Corporation Average Payables Payment Period