Pinnacle West Capital Corp (PNW)
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 | 6.43 | 7.02 | 5.42 | 6.11 | 6.62 | 7.35 | 6.65 | 7.85 | 6.28 | 5.17 | 5.29 | 6.41 | 5.36 | 5.84 | 5.24 | 6.27 | 6.03 | 8.19 | 6.96 | 6.80 | |
| Number of days of payables | days | 56.77 | 51.98 | 67.37 | 59.72 | 55.13 | 49.69 | 54.90 | 46.50 | 58.12 | 70.58 | 69.04 | 56.90 | 68.08 | 62.50 | 69.62 | 58.26 | 60.54 | 44.55 | 52.47 | 53.67 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.43
= 56.77
The number of days of payables for Pinnacle West Capital Corp has shown some fluctuations over the periods between March 31, 2020, and December 31, 2024. The data indicates that the company took around 53 to 70 days on average to pay its suppliers during this period.
There were some noticeable peaks and troughs in the days of payables, with the highest value recorded in June 30, 2021 (69.62 days) and September 30, 2022 (70.58 days), while the lowest values occurred in September 30, 2020 (44.55 days) and March 31, 2023 (46.50 days).
Overall, the trend of payables days suggests some variability in the time taken by Pinnacle West Capital Corp to settle its payables over the observed period, which could reflect changes in the company's payment policies, supplier relationships, or operational efficiency. Monitoring this ratio can provide insight into the company's liquidity management and supplier relationships.
Peer comparison
Dec 31, 2024