Norfolk Southern Corporation (NSC)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 2.62 | 2.48 | 3.20 | 2.44 | 2.99 | |
| Number of days of payables | days | 139.42 | 147.44 | 114.19 | 149.66 | 122.19 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.62
= 139.42
Norfolk Southern Corporation's number of days of payables has exhibited fluctuations over the past five years. On December 31, 2020, the company had 122.19 days of payables, which increased to 149.66 days by the end of 2021. In 2022, the number of days of payables decreased to 114.19 days but rose again to 147.44 days by the end of 2023. As of December 31, 2024, Norfolk Southern Corporation had 139.42 days of payables. These variations indicate changes in the company's payment practices and supplier relationships over the years.
Peer comparison
Dec 31, 2024
See also:
Norfolk Southern Corporation Average Payables Payment Period