AT&T Inc (T)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		2.03	2.07	2.60	2.50	2.83
Number of days of payables	days	179.63	176.29	140.47	146.11	128.99

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.03
= 179.63

To analyze AT&T Inc's number of days of payables, we observe an increase over the specified period. The trend shows a gradual rise from 128.99 days as of December 31, 2020, to 179.63 days as of December 31, 2024. This indicates that AT&T is taking longer to pay its suppliers and creditors, which may suggest a potential strain on the company's liquidity position. A higher number of days of payables could indicate a more relaxed approach to managing working capital but may also point to challenges in meeting financial obligations in a timely manner. It is advisable for investors and stakeholders to closely monitor this metric to assess AT&T's ability to manage its payables effectively.