Packaging Corp of America (PKG)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 15.34 | 15.17 | 15.56 | 12.95 | 13.62 | |
| Number of days of payables | days | 23.80 | 24.06 | 23.45 | 28.19 | 26.79 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.34
= 23.80
The data provided for Packaging Corp of America shows that the number of days of payables is not available for the years from December 31, 2020, to December 31, 2024. It's important to note that the number of days of payables is typically an important indicator of how long a company takes to pay its suppliers. Without this specific data, it is challenging to assess the efficiency of the company's payable management and its impact on working capital. Further details or additional information would be needed to conduct a more in-depth analysis of Packaging Corp of America's payables turnover.
Peer comparison
Dec 31, 2024