Sempra Energy (SRE)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.37 | 1.28 | 1.26 | 1.43 | 1.58 | |
| Number of days of payables | days | 265.47 | 284.59 | 289.98 | 255.44 | 230.58 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.37
= 265.47
The number of days of payables for Sempra Energy has shown an increasing trend over the past few years. As of December 31, 2020, the company took approximately 230.58 days to pay its payables, which then increased to 255.44 days by December 31, 2021. This trend continued with the number of days of payables rising to 289.98 days by December 31, 2022.
However, there was a slight decrease in this metric by December 31, 2023, with the number of days of payables standing at 284.59 days. This decrease was followed by a further decline to 265.47 days by December 31, 2024.
Overall, the increasing trend in the number of days of payables over the analyzed period indicates that Sempra Energy is taking more time to pay its suppliers and vendors. This could potentially signal liquidity challenges or changes in payment terms with suppliers that may warrant further investigation.
Peer comparison
Dec 31, 2024