AT&T Inc (T)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 2.03 | — | — | — | 3.07 | — | — | — | 2.69 | — | — | — | 2.50 | — | — | — | 2.82 | — | — | — | |
| Number of days of payables | days | 179.63 | — | — | — | 118.85 | — | — | — | 135.60 | — | — | — | 146.11 | — | — | — | 129.22 | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.03
= 179.63
The number of days of payables for AT&T Inc fluctuated over the years based on the data provided. As of December 31, 2021, the company took an average of 146.11 days to pay its suppliers and vendors. This number decreased to 135.60 days by December 31, 2022, and further declined to 118.85 days by the end of December 31, 2023. Interestingly, there was a significant increase to 179.63 days by December 31, 2024.
Analyzing these figures, a decreasing trend in the number of days of payables may indicate that AT&T Inc is effectively managing its cash flow by paying its suppliers more promptly. Conversely, an increasing trend could suggest potential financial challenges or a deliberate strategy to delay payments for cash preservation or other reasons.
It is important to consider this ratio in conjunction with other financial indicators and market conditions to gain a comprehensive understanding of AT&T Inc's financial health and operational efficiency.
Peer comparison
Dec 31, 2024