PPL Corporation (PPL)

The number of days of payables for PPL Corporation has shown fluctuations over the past five years. As of December 31, 2020, the company had an average payment period of 418.99 days, indicating that on average, it took the company approximately 418.99 days to pay off its trade payables.

By December 31, 2021, this average payment period decreased to 324.82 days, suggesting that the company was able to manage its payables more efficiently, possibly by streamlining its payment processes or negotiating better terms with its suppliers.

However, by December 31, 2022, the number of days of payables increased to 377.90 days, indicating a lengthening of the average payment period compared to the previous year. This could mean that the company faced challenges in managing its payables effectively during this period.

By December 31, 2023, the number of days of payables increased significantly to 542.34 days, which may raise concerns about the company's liquidity and ability to meet its short-term obligations in a timely manner.

Furthermore, by December 31, 2024, the number of days of payables increased further to 551.88 days, suggesting a continued trend of lengthening payment periods, which could potentially strain the company's relationships with suppliers if not managed effectively.

Overall, monitoring the trend in the number of days of payables for PPL Corporation is essential to assess its efficiency in managing working capital and maintaining healthy relationships with its suppliers over time.

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Dec 31, 2024