SkyWest Inc (SKYW)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 2.82 | 3.16 | 2.11 | 10.50 | 12.43 | |
| Number of days of payables | days | 129.57 | 115.49 | 173.22 | 34.75 | 29.36 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.82
= 129.57
The number of days of payables for Skywest Inc. for the years ending December 31, 2019 to 2023 is not available in the provided data. Without this information, it is challenging to assess the efficiency of Skywest Inc. in managing its trade payables over the years in question. Monitoring the number of days of payables is crucial in evaluating the company's ability to pay its suppliers and manage its working capital effectively. Therefore, a more detailed breakdown of the accounts payable turnover ratio or average payment period is necessary to draw meaningful conclusions regarding Skywest Inc.'s payables management performance.
Peer comparison
Dec 31, 2023