Southwestern Energy Company (SWN)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.37 | 0.11 | 0.18 | 5.25 | 0.37 | |
| Number of days of payables | days | 266.01 | 3,399.87 | 2,061.37 | 69.53 | 992.88 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.37
= 266.01
To analyze Southwestern Energy Company's number of days of payables, we need specific data for each of the years mentioned. As the table currently does not provide this information, a detailed analysis cannot be conducted. However, the number of days of payables is a crucial metric that indicates how long a company takes to pay its suppliers. A high number of days of payables may suggest that the company is effectively using trade credit to finance its operations, but it could also indicate liquidity issues or strained relationships with suppliers. On the other hand, a low number of days of payables may imply efficient cash management but could also signal potential cash flow problems or difficulties in managing working capital. For a deeper understanding of Southwestern Energy Company's financial performance and liquidity management, specific data points for the number of days of payables in the given years would be necessary.
Peer comparison
Dec 31, 2023