Select Medical Holdings (SEM)
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 | 35.06 | 33.13 | 32.20 | 34.33 | 31.91 | 28.69 | 25.28 | 24.15 | 24.10 | 28.28 | 28.34 | 27.02 | 28.34 | 30.84 | 26.37 | 20.42 | 10.17 | 10.24 | 17.97 | 25.40 | |
| Number of days of payables | days | 10.41 | 11.02 | 11.34 | 10.63 | 11.44 | 12.72 | 14.44 | 15.11 | 15.15 | 12.91 | 12.88 | 13.51 | 12.88 | 11.84 | 13.84 | 17.87 | 35.88 | 35.65 | 20.31 | 14.37 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 35.06
= 10.41
The number of days of payables for Select Medical Holdings Corporation has shown a decreasing trend over the past eight quarters. In Q4 2023, the company took approximately 11.10 days to pay its suppliers, which is lower compared to the previous quarter (Q3 2023) at 11.74 days. This indicates that the company has been able to manage its payables more efficiently in the most recent quarter. However, it is essential to note that the number of days of payables can fluctuate due to various factors such as changes in payment terms with suppliers or changes in business operations. Overall, a decreasing trend in the number of days of payables suggests improved liquidity management and potentially stronger relationships with suppliers.
Peer comparison
Dec 31, 2023