SM Energy Co (SM)

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
Number of days of payables days

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The data provided does not include specific numbers for the number of days of payables for SM Energy Co over various reporting periods from March 31, 2020, to December 31, 2024. Without this information, it is challenging to conduct a detailed analysis of the company's payables management efficiency.

The number of days of payables ratio is a financial metric that indicates how long, on average, a company takes to pay its suppliers or creditors. A lower number of days of payables suggests that the company is paying its bills more quickly, which could indicate strong cash flow management but may also signal potential liquidity issues or strained relationships with suppliers. In contrast, a higher number of days of payables might indicate that the company is effectively using trade credit to manage its working capital, but it could also raise concerns about the company's ability to meet its payment obligations.

To effectively evaluate SM Energy Co's payables management performance, it would be necessary to have the specific data points for the number of days of payables over the specified reporting periods. This information would allow for a more thorough analysis of the company's payment practices and financial health in relation to its suppliers.