US Foods Holding Corp (USFD)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | 16.71 | 17.03 | 18.21 | 17.68 | 19.11 | |
Number of days of payables | days | 21.85 | 21.44 | 20.04 | 20.65 | 19.10 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.71
= 21.85
By analyzing the data provided for US Foods Holding Corp's number of days of payables over the years from 2020 to 2024, we observe the following trends:
- In 2020, the number of days of payables was 19.10 days.
- There was an increase in the number of days of payables to 20.65 days by the end of 2021.
- The trend continued with a slight decrease to 20.04 days by the end of 2022.
- By the end of 2023, the number of days of payables increased to 21.44 days.
- The trend persisted with a further increase to 21.85 days by the end of 2024.
Overall, the analysis indicates a fluctuating trend in the number of days of payables for US Foods Holding Corp during the period under review. It is important to further investigate the reasons behind these fluctuations to assess the company's efficiency in managing its payables effectively.
Peer comparison
Dec 31, 2024