Shake Shack Inc (SHAK)
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 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 12.64 | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 28.88 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Shake Shack Inc as of September 23, 2020, was 28.88 days. This metric indicates the average number of days it takes the company to pay its suppliers for goods and services. A lower number of days of payables suggests that the company is making payments to suppliers more quickly, potentially indicating strong liquidity or favorable credit terms. Conversely, a higher number of days of payables could signal that the company is taking longer to settle its obligations, which may be a strategy to manage cash flow or negotiate extended payment terms with suppliers. It is important for Shake Shack Inc to monitor this ratio over time to understand changes in its payment practices and relationships with vendors.
Peer comparison
Dec 31, 2024