PulteGroup Inc (PHM)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
PulteGroup Inc's number of days of payables has shown a decreasing trend over the past four quarters, indicating a more efficient management of its payables. In Q4 2023, the company took approximately 19.92 days to pay its liabilities, compared to 17.30 days in Q3 2023 and 16.66 days in Q2 2023. This trend is an improvement from the previous year, where the number of days of payables was higher, such as 18.13 days in Q4 2022 and 20.10 days in Q3 2022.
The decreasing number of days of payables suggests that PulteGroup Inc is managing its payables more effectively, potentially taking advantage of discounts for early payments or negotiating better terms with suppliers. This trend may reflect positively on the company's cash flow management and overall financial health.
Peer comparison
Dec 31, 2023