Southern Company (SO)
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 for Southern Company regarding the number of days of payables is not available or disclosed for the periods between March 31, 2020, and December 31, 2024. As a result, it is not possible to conduct an analysis of the trend or calculation of this financial ratio for Southern Company based on the information provided.
In financial analysis, the number of days of payables ratio is calculated to assess the efficiency of a company in paying its suppliers. It is typically calculated as (Ending Accounts Payable / Cost of Goods Sold) * Number of Days in the Period. This ratio helps in understanding how long a company takes on average to pay its trade payables.
Without specific data on the number of days of payables for Southern Company, it is challenging to evaluate the company's payment practices and liquidity position concerning its suppliers over the specified time period. Further details or updated data are required to perform a comprehensive analysis of this aspect of Southern Company's financial performance.
Peer comparison
Dec 31, 2024