NVR Inc (NVR)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
NVR Inc.'s number of days of payables has shown variation over the past five years. In 2023, the company took approximately 18.00 days to pay its payables, which is slightly higher compared to 2022 and 2021 at 15.91 days and 18.16 days, respectively. This indicates that in 2023, NVR took a bit longer to settle its outstanding payables.
In 2020 and 2019, the number of days of payables was higher at 20.89 days and 16.41 days, respectively. The increase in days of payables in 2020 compared to 2019 suggests that NVR took longer to pay their suppliers in 2020.
Overall, the trend in NVR Inc.'s number of days of payables indicates some variability in how quickly the company pays its bills over the past five years. Further analysis would be necessary to understand the factors driving these changes and the impact on the company's cash flow and working capital management.
Peer comparison
Dec 31, 2023