Union Pacific Corporation (UNP)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 11.53 | 11.91 | 13.33 | 11.11 | 12.43 | |
| Number of days of payables | days | 31.65 | 30.65 | 27.38 | 32.87 | 29.37 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.53
= 31.65
The number of days of payables for Union Pacific Corporation has shown some fluctuations over the years. It was 29.37 days as of December 31, 2020, increased to 32.87 days by December 31, 2021, decreased to 27.38 days by December 31, 2022, increased again to 30.65 days by December 31, 2023, and slightly rose to 31.65 days by December 31, 2024. These variations indicate changes in the company's payment practices and efficiency in managing its accounts payable. It is essential for the company to closely monitor this metric to ensure optimal cash flow management and vendor relationships.
Peer comparison
Dec 31, 2024