Union Pacific Corporation (UNP)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.53 | 11.98 | 11.50 | 12.44 | 11.91 | 10.90 | 11.74 | 11.12 | 13.33 | 10.73 | 10.28 | 10.04 | 11.11 | 11.94 | 12.89 | 11.89 | 12.43 | 12.12 | 13.78 | 12.31 | |
| Number of days of payables | days | 31.65 | 30.47 | 31.73 | 29.33 | 30.65 | 33.50 | 31.09 | 32.82 | 27.38 | 34.03 | 35.49 | 36.35 | 32.87 | 30.58 | 28.31 | 30.71 | 29.37 | 30.11 | 26.49 | 29.64 |
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 given period, ranging from a low of 26.49 days to a high of 36.35 days. Generally, a lower number of days of payables indicates that the company takes less time to pay its suppliers, which can be seen as a positive sign of efficient working capital management. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its obligations, potentially indicating liquidity or cash flow issues.
Analyzing the trend, we observe that the number of days of payables increased from March 2020 to March 2022, reaching its peak at 36.35 days. However, there has been a gradual decrease in the number of days of payables since then, with a slight fluctuation in the subsequent periods.
It is important to note that a company's number of days of payables should be considered in conjunction with other financial metrics and compared to industry benchmarks to provide a comprehensive assessment of the company's liquidity, efficiency, and financial health.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Average Payables Payment Period (Quarterly Data)