T-Mobile US Inc (TMUS)
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 | 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 | — | 3.42 | — | — | — | |
| Number of days of payables | days | 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 | — | 106.58 | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.32
= 84.53
The number of days of payables for T-Mobile US Inc has varied over the past eight quarters. In Q4 2023, the number of days of payables was 67.38 days, which increased from the previous quarter's 46.62 days. This indicates that the company took longer to pay its suppliers in Q4 2023 compared to Q3 2023. Despite this increase, the number of days of payables in Q4 2023 was lower than the same quarter in the previous year, Q4 2022, when it was 72.72 days.
Overall, T-Mobile US Inc has shown some fluctuations in its number of days of payables, with varying levels of efficiency in managing its payment terms with suppliers. It will be important for stakeholders to monitor this metric to assess the company's liquidity position and relationships with its vendors.
See also:
T-Mobile US Inc Average Payables Payment Period (Quarterly Data)