T-Mobile US Inc (TMUS)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.71 | 4.40 | 3.67 | 3.57 | 4.17 | |
| Number of days of payables | days | 63.97 | 83.01 | 99.39 | 102.15 | 87.50 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.71
= 63.97
The number of days of payables for T-Mobile US Inc has shown a mixed trend over the last five years. The metric has increased from 87.50 days as of December 31, 2020, to 102.15 days as of December 31, 2021, signaling that the company is taking longer to pay its suppliers.
However, there was a slight decrease in the number of days of payables to 99.39 days as of December 31, 2022. This reduction may indicate an improvement in the company's efficiency in managing its payables or negotiating better payment terms with its suppliers.
Subsequently, as of December 31, 2023, the number of days of payables saw a significant drop to 83.01 days, suggesting that the company may have focused on more prompt payments to suppliers during that period.
Finally, the metric decreased further to 63.97 days as of December 31, 2024, possibly indicating that T-Mobile US Inc has continued its efforts to optimize its payment processes and maintain good relationships with its suppliers.
In conclusion, the trend in the number of days of payables for T-Mobile US Inc over the past five years reflects fluctuations in the company's payment practices and supplier relationships, with some periods showing improvements in efficiency and management of payables.