US Physicalrapy Inc (USPH)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 92.22 | 123.98 | 133.67 | 115.62 | 246.08 | |
| Number of days of payables | days | 3.96 | 2.94 | 2.73 | 3.16 | 1.48 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 92.22
= 3.96
The number of days of payables for US Physicalrapy Inc has shown an increasing trend over the years.
As of December 31, 2020, the company took on average 1.48 days to pay its suppliers. This number increased to 3.16 days by December 31, 2021, indicating a lengthening of the payment period.
By December 31, 2022, the number of days of payables decreased slightly to 2.73 days, suggesting a more efficient payment process compared to the previous year.
However, by December 31, 2023, the number of days of payables increased again to 2.94 days, showing a slight delay in paying off supplier invoices.
Most recently, as of December 31, 2024, the number of days of payables further increased to 3.96 days, indicating a potential shift towards a longer payment cycle.
Overall, the trend in the number of days of payables for US Physicalrapy Inc suggests fluctuations in the company's payment practices and relationship with its suppliers over the years.
Peer comparison
Dec 31, 2024