T-Mobile US Inc (TMUS)
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 | 5.53 | 7.78 | 7.21 | 7.10 | 4.32 | 5.28 | 4.51 | 4.06 | 3.60 | 3.69 | 3.97 | 3.46 | 3.55 | 4.02 | 4.27 | 3.93 | 2.98 | 5.22 | 3.69 | — | |
Number of days of payables | days | 66.06 | 46.92 | 50.64 | 51.41 | 84.53 | 69.13 | 80.87 | 89.95 | 101.50 | 98.92 | 91.93 | 105.36 | 102.94 | 90.72 | 85.42 | 92.98 | 122.67 | 69.87 | 99.05 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.53
= 66.06
The number of days of payables for T-Mobile US Inc has shown fluctuations over the years. The company's ability to pay its suppliers within a specific timeframe is crucial for managing its working capital effectively. In the period from March 31, 2020, to December 31, 2024, T-Mobile US Inc's number of days of payables ranged from a low of 46.92 days to a high of 122.67 days.
Notably, the number of days of payables decreased from September 30, 2020, to June 30, 2021, indicating that the company took longer to pay its creditors during that time. However, from June 30, 2021, to September 30, 2023, the trend was more stable, with the number of days of payables fluctuating within a narrower range.
In the most recent period up to December 31, 2024, there was a slight increase in the number of days of payables, suggesting a potential shift in the company's payment practices. Monitoring this ratio going forward will be essential for understanding T-Mobile US Inc's working capital management and supplier relationships.
See also:
T-Mobile US Inc Average Payables Payment Period (Quarterly Data)