Tennant Company (TNC)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | — | — | — | — | — | |
Number of days of payables | days | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the provided data, it appears that the number of days of payables for Tennant Company is not available or not disclosed for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without this specific information on the payables turnover period, it is challenging to assess the company's efficiency in managing its accounts payable and cash flow relationship. Ideally, a lower number of days of payables indicates a quicker turnover and more effective management of vendor payments, while a higher number may suggest a stretched payables period or potential liquidity concerns.
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
Tennant Company
TNC
—
Hayward Holdings Inc
HAYW
—
Middleby Corp
MIDD
—
Standex International Corporation
SXI
37.36