Saia Inc (SAIA)
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 | 24.41 | 10.27 | 10.28 | 10.00 | 10.47 | 12.65 | 13.99 | 12.49 | 13.43 | 11.57 | 8.98 | 9.84 | 10.82 | 8.50 | 11.62 | 9.24 | 12.50 | 11.33 | 13.45 | 12.08 | |
| Number of days of payables | days | 14.96 | 35.53 | 35.52 | 36.51 | 34.86 | 28.85 | 26.10 | 29.23 | 27.19 | 31.54 | 40.64 | 37.11 | 33.73 | 42.92 | 31.40 | 39.50 | 29.21 | 32.22 | 27.14 | 30.21 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 24.41
= 14.96
The number of days of payables for Saia Inc has shown some fluctuations over the periods analyzed. The company's payables turnover has varied between 14.96 days to 42.92 days.
During the period from March 31, 2020, to December 31, 2021, the number of days of payables ranged between 27 to 39 days, indicating that the company took an average of around a month to pay its suppliers during this time frame.
From December 31, 2021, to December 31, 2024, the number of days of payables varied between 14 to 36 days, with a noticeable decrease in the number of days in the most recent periods.
The decrease in the number of days of payables in the latest periods may suggest that Saia Inc has been managing its payables effectively, potentially negotiating better payment terms with suppliers or improving its working capital management.
Overall, the trend in Saia Inc's number of days of payables indicates the company's approach to managing its supplier payments and working capital efficiency over the analyzed periods.
Peer comparison
Dec 31, 2024