Arcus Biosciences Inc (RCUS)

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
Payables turnover		7.18	7.02	9.64	4.05	5.35	9.68	4.19	4.60	7.43	4.79	3.43	2.15	2.81	4.68	2.93	12.60	6.09	8.86	8.48	6.19
Number of days of payables	days	50.86	51.98	37.87	90.04	68.27	37.69	87.06	79.42	49.09	76.16	106.37	169.69	130.02	78.01	124.66	28.97	59.95	41.18	43.03	58.98

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.18
= 50.86

As the number of days of payables for Arcus Biosciences Inc is not available in the provided table for each quarter, a comprehensive analysis cannot be conducted at this time. The number of days of payables is a key financial metric that indicates how many days, on average, a company takes to pay its suppliers or vendors. A decreasing number of days of payables typically indicates that the company is paying its bills faster, which could be a sign of improving liquidity or stronger supplier relationships. Conversely, an increasing number of days of payables may suggest that the company is taking longer to settle its obligations, potentially signaling cash flow challenges or strained supplier relationships.

To provide a more in-depth analysis of Arcus Biosciences Inc's number of days of payables, specific data points for each quarter would be necessary. This information would allow for trend analysis over time and comparisons with industry benchmarks or peers to assess the company's efficiency in managing its payables. It is recommended to review the company's financial reports or contact the company directly for the missing data to perform a thorough evaluation of its payables management.