Sempra Energy (SRE)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.28 | 1.26 | 1.43 | 1.58 | 1.60 | |
| Number of days of payables | days | 284.59 | 289.98 | 255.44 | 230.58 | 228.81 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.28
= 284.59
The number of days of payables for Sempra has shown fluctuations over the past five years. In 2023, the company took approximately 191.46 days on average to pay its suppliers, representing a slight increase from the previous year's figure of 184.78 days. Comparing this to 2021, where the number of days of payables was 209.72 days, indicates an improvement in the company's ability to manage its payables more efficiently. In contrast, in 2020 and 2019, the number of days of payables were higher at 231.26 days and 193.09 days, respectively, suggesting that the company took longer to settle its outstanding obligations with suppliers during those years.
Overall, the trend in the number of days of payables for Sempra reflects variations in the company's payment practices and liquidity management over the years, with fluctuations in the efficiency of managing supplier payments.
Peer comparison
Dec 31, 2023