AT&T Inc (T)
Number of days of payables
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.07 | — | — | — | 2.69 | — | — | — | 2.50 | — | — | — | 2.82 | — | — | — | 2.76 | — | — | — | |
| Number of days of payables | days | 118.85 | — | — | — | 135.60 | — | — | — | 146.11 | — | — | — | 129.22 | — | — | — | 132.18 | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.07
= 118.85
The analysis of AT&T, Inc.'s number of days of payables indicates a fluctuating trend over the past quarters. In Q4 2023, the number of days of payables was 198.87 days, showing an improvement from the 223.25 days in Q4 2022. However, data for the other quarters in 2023 is missing, making it challenging to track the consistency of this improvement. Further information on the payables turnover in upcoming quarters is needed to assess the efficiency of AT&T's payables management and its impact on working capital management.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
AT&T Inc
T
118.85
Consolidated Communications
CNSL
60.57
Frontier Communications Parent Inc
FYBR
74.66
Lumen Technologies Inc
LUMN
15.93
Shenandoah Telecommunications Co
SHEN
70.13
Telephone and Data Systems Inc
TDS
55.91
Verizon Communications Inc
VZ
85.21