Smurfit WestRock plc (SW)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | |
| Number of days of payables | days | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
To calculate the number of days of payables for Smurfit WestRock plc, the formula is:
Number of Days of Payables = (Average Accounts Payable / Cost of Goods Sold) x 365
Unfortunately, the specific data for Accounts Payable and Cost of Goods Sold for the years provided in the table is not available. Without these figures, it is not possible to calculate the number of days of payables for Smurfit WestRock plc.
Analyzing the number of days of payables is crucial as it indicates how long a company takes to pay its suppliers. A lower number of days of payables may suggest efficient management of payables, while a higher number may indicate potential liquidity issues or delayed payments. Monitoring this ratio over consecutive years can provide insights into the company's payment practices and financial health.
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Dec 31, 2023