Public Service Enterprise Group Inc (PEG)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.04 | 3.86 | 3.84 | 5.56 | 2.30 | |
| Number of days of payables | days | 90.32 | 94.58 | 95.14 | 65.65 | 158.83 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.04
= 90.32
Public Service Enterprise Group Inc's number of days of payables has exhibited a decreasing trend over the 5-year period from 2020 to 2024. The number of days of payables stood at 158.83 days on December 31, 2020, and decreased significantly to 65.65 days by December 31, 2021. Subsequently, there was an increase to 95.14 days by December 31, 2022, followed by a slight decrease to 94.58 days by December 31, 2023. Finally, on December 31, 2024, the number of days of payables decreased further to 90.32 days. This trend suggests that the company has been managing its payables more efficiently over the years, which could positively impact its working capital management and liquidity position.
Peer comparison
Dec 31, 2024