US Physicalrapy Inc (USPH)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 123.98 | 133.67 | 115.62 | 246.08 | 148.15 | |
| Number of days of payables | days | 2.94 | 2.73 | 3.16 | 1.48 | 2.46 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 123.98
= 2.94
U.S. Physical Therapy, Inc. has not disclosed its number of days of payables for the years 2019 through 2023 in the financial data provided. This ratio, if available, could have provided insights into the average number of days the company takes to pay its outstanding payables to suppliers and vendors. A higher number of days of payables could indicate that the company is taking longer to settle its outstanding obligations, potentially signaling liquidity management or supplier relationship strategies. Conversely, a lower number of days of payables may suggest a more efficient cash conversion cycle or stronger negotiating power with suppliers. Without this specific data, further analysis regarding the company's payment practices and working capital management cannot be performed.
Peer comparison
Dec 31, 2023