Tenet Healthcare Corporation (THC)
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 | 9.21 | 10.78 | 10.30 | 10.57 | 8.24 | 9.80 | 11.21 | 11.08 | 9.54 | 11.41 | 11.48 | 10.68 | 9.71 | 11.31 | 11.41 | 11.19 | 9.98 | 10.88 | 11.14 | 10.98 | |
| Number of days of payables | days | 39.65 | 33.87 | 35.44 | 34.54 | 44.30 | 37.26 | 32.57 | 32.95 | 38.26 | 31.98 | 31.79 | 34.17 | 37.58 | 32.28 | 31.98 | 32.63 | 36.57 | 33.55 | 32.75 | 33.26 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.21
= 39.65
Based on the provided data, the number of days of payables for Tenet Healthcare Corp. in the given periods is not available. To analyze this financial metric accurately, we would need specific figures for accounts payable and cost of goods sold from the company's financial statements. By calculating the number of days of payables, we could evaluate how long, on average, it takes for Tenet Healthcare Corp. to pay off its suppliers. This ratio is important for assessing the efficiency of the company's working capital management and supplier relationships. Unfortunately, without the necessary data, a detailed analysis of the number of days of payables for Tenet Healthcare Corp. cannot be provided at this time.
Peer comparison
Dec 31, 2023