Norfolk Southern Corporation (NSC)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Payables turnover 2.66 2.50 2.70 2.75 2.48 2.68 2.92 3.20 3.20 2.65 2.78 2.91 2.44 2.67 2.76 2.81 2.89 2.45 2.62 2.82
Number of days of payables days 137.45 145.93 135.01 132.55 147.44 136.07 124.90 114.12 114.19 137.63 131.12 125.53 149.66 136.89 132.47 130.06 126.31 148.97 139.40 129.25

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.66
= 137.45

The number of days of payables for Norfolk Southern Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The average number of days the company takes to pay its payables is around 130 days, which indicates that Norfolk Southern tends to take approximately four months to settle its trade payables.

During this period, there have been periods where the number of days of payables increased, such as in September 2020 and December 2021, reaching as high as 149.66 days, reflecting a potential delay in payment to suppliers. Conversely, there were periods where the number of days decreased, such as in December 2022 and March 2023, dropping to as low as 114.12 days, suggesting a more efficient management of payables.

Overall, the trend in the number of days of payables for Norfolk Southern Corporation indicates some variability in the company's payment practices over time, which could be influenced by various factors such as cash flow management, supplier relationships, and business cycles.

Peer comparison

Dec 31, 2024

Company name
Symbol
Number of days of payables
Norfolk Southern Corporation
NSC
137.45
CSX Corporation
CSX
97.22
Union Pacific Corporation
UNP
31.65

See also:

Norfolk Southern Corporation Average Payables Payment Period (Quarterly Data)