Universal Health Services Inc (UHS)

Number of days of payables

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Payables turnover 15.23 14.15 12.53 12.99 16.62
Number of days of payables days 23.97 25.80 29.12 28.10 21.96

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.23
= 23.97

Unfortunately, without specific data on Universal Health Services, Inc.'s number of days of payables, a detailed analysis cannot be provided at this time. This ratio typically indicates the average number of days a company takes to pay its suppliers for goods and services received. A longer number of days of payables may suggest favorable credit terms negotiated with suppliers, while a shorter number may indicate efficient management of working capital. For a more in-depth analysis, additional financial information is required.


Peer comparison

Dec 31, 2023

Company name
Symbol
Number of days of payables
Universal Health Services Inc
UHS
23.97
HCA Holdings Inc
HCA
51.53
Tenet Healthcare Corporation
THC
39.22