SkyWest Inc (SKYW)
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 | — | 3.06 | 2.85 | 2.77 | 2.80 | 2.92 | 3.05 | 3.01 | 3.14 | 2.98 | 2.69 | 4.03 | 4.10 | 6.33 | 9.79 | 8.52 | 10.49 | 12.08 | 10.03 | 8.73 | |
| Number of days of payables | days | — | 119.14 | 128.19 | 131.60 | 130.41 | 125.00 | 119.57 | 121.18 | 116.10 | 122.60 | 135.67 | 90.50 | 88.94 | 57.68 | 37.28 | 42.87 | 34.80 | 30.22 | 36.38 | 41.82 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for SkyWest Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates a general increase in the number of days it takes the company to pay its suppliers, starting at 41.82 days in March 2020 and peaking at 135.67 days in June 2022.
After reaching its peak in June 2022, the number of days of payables gradually decreased but remained elevated compared to earlier periods. The latest available data, as of December 31, 2024, shows an improvement in the number of days of payables, but the specific value is not provided in the data set.
Overall, monitoring the number of days of payables can provide insights into the company's liquidity management and supplier relationships. A longer number of days of payables may indicate a cash flow advantage but could also signal strained relationships with suppliers if not managed effectively.
Peer comparison
Dec 31, 2024