United Parcel Service Inc (UPS)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.14 | 9.86 | 9.69 | 9.44 | 7.92 | 8.61 | 7.95 | 7.99 | 7.40 | 6.29 | 6.10 | 6.19 | 5.78 | 6.64 | 6.80 | 7.21 | 6.06 | 8.53 | 9.07 | 10.86 | |
| Number of days of payables | days | 39.95 | 37.03 | 37.68 | 38.67 | 46.10 | 42.40 | 45.93 | 45.71 | 49.33 | 57.99 | 59.79 | 58.95 | 63.10 | 54.98 | 53.66 | 50.65 | 60.26 | 42.81 | 40.22 | 33.60 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.14
= 39.95
I'm sorry, but without specific data for the number of days of payables for United Parcel Service, Inc., I am unable to provide a detailed analysis of this financial ratio. To analyze the efficiency of the company's payables management and its ability to optimize cash flow through payment terms with suppliers, we require the actual numerical values of the number of days of payables. If you can provide the specific data for this ratio from the table, I would be happy to assist you in interpreting and analyzing it.
See also:
United Parcel Service Inc Average Payables Payment Period (Quarterly Data)