NorthWestern Corporation (NWE)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Payables turnover | 1.25 | 1.41 | 1.38 | |
| Number of days of payables | days | 292.77 | 259.52 | 263.77 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.25
= 292.77
NorthWestern Corporation's number of days of payables indicates the average number of days it takes for the company to pay its suppliers or vendors.
Based on the provided data:
- As of June 30, 2024, NorthWestern Corporation took approximately 263.77 days, or about 8.79 months, to pay its payables.
- By September 30, 2024, the number of days of payables decreased slightly to around 259.52 days, implying a slight improvement in the company's payment cycle.
- However, by December 31, 2024, the number of days of payables increased to 292.77 days, indicating that NorthWestern Corporation took a longer time to settle its payables by the end of the year compared to the previous quarters.
Overall, the fluctuation in the number of days of payables for NorthWestern Corporation over the given periods may suggest changes in the company's management of its payables and cash flow. Further analysis and comparison with industry benchmarks could provide more insights into the company's financial performance and liquidity position.
Peer comparison
Dec 31, 2024