Sabre Corpo (SABR)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.13 | 6.08 | 5.62 | 5.02 | 9.22 | |
| Number of days of payables | days | 71.11 | 59.99 | 64.89 | 72.64 | 39.58 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.13
= 71.11
The number of days of payables for Sabre Corp has varied over the past five years. In 2023, the company took approximately 72.59 days to pay its suppliers, which is an increase from 2022 when it took 59.99 days. Comparing to 2021, the number of days of payables also increased from 64.89 days to 72.59 days in 2023. Additionally, compared to 2020 when the company took 72.64 days to settle its payables, there was a slight decrease in 2023. However, in 2019, Sabre Corp only took 22.51 days to pay its suppliers, indicating a significant increase in the time taken to settle payables over the years. This trend suggests that Sabre Corp is taking longer to pay its suppliers in recent years, which may have implications for its working capital management and supplier relationships.
Peer comparison
Dec 31, 2023