ODP Corp (ODP)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for ODP Corp's number of days of payables indicates that specific figures are not available for this financial ratio from March 2020 to December 2024. The absence of this information makes it challenging to assess the company's efficiency in paying its suppliers and managing its cash flow in relation to its accounts payable.
In financial analysis, the number of days of payables is a crucial metric that helps evaluate how long a company takes to pay its trade payables. A lower number of days typically suggests that the company is paying its suppliers more quickly, potentially indicating strong liquidity or good relationships with suppliers. On the other hand, a higher number of days may signify that the company is taking longer to settle its payables, which could lead to strained relationships with suppliers or cash flow issues.
Given the lack of specific data on ODP Corp's number of days of payables, it is important for investors and stakeholders to monitor this metric closely once the information becomes available in future financial reports. Analyzing this ratio over time can provide valuable insights into the company's financial health and operational efficiency in managing its payables.
Peer comparison
Dec 31, 2024