Targa Resources Inc (TRGP)
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 ÷ —
= —
The data provided for Targa Resources Inc indicates that the number of days of payables is not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. Without specific values for the number of days of payables, it is difficult to analyze the company's efficiency in managing its accounts payable. This ratio is typically used to assess how long a company takes to pay its suppliers and can provide insights into its liquidity and working capital management.
Since the information is not available, further analysis of Targa Resources Inc's payables turnover and liquidity ratios may be necessary to understand the company's payment practices and financial health. Additionally, obtaining data on payables and cost of goods sold would be helpful in calculating the number of days of payables in the future to better evaluate the company's operational efficiency.
Peer comparison
Dec 31, 2024