Sabre Corpo (SABR)

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		5.13	5.52	5.39	5.85	6.08	7.13	5.92	4.93	5.62	6.23	6.55	4.26	5.02	8.59	8.70	9.32	12.69	7.73	10.23	7.92
Number of days of payables	days	71.11	66.16	67.75	62.40	59.99	51.16	61.65	74.08	64.89	58.56	55.70	85.63	72.64	42.48	41.93	39.16	28.76	47.21	35.67	46.08

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 shown variations over the past eight quarters. In Q4 2023, the company took approximately 72.59 days to pay its creditors, which was higher compared to the previous quarter. This implies that Sabre Corp's ability to manage its payables effectively decreased in Q4 2023. However, the number of days of payables has been fluctuating between 51.16 days and 74.08 days over the last two years, indicating some inconsistency in the company's payment practices. It is essential for Sabre Corp to monitor and optimize its payables management to ensure efficient cash flow and sustainable relationships with suppliers.