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