United Therapeutics Corporation (UTHR)
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 | 130.91 | — | — | — | 40.83 | — | — | — | 104.24 | — | — | — | 67.22 | — | — | — | 11.88 | — | — | — | |
| Number of days of payables | days | 2.79 | — | — | — | 8.94 | — | — | — | 3.50 | — | — | — | 5.43 | — | — | — | 30.73 | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 130.91
= 2.79
United Therapeutics Corp's number of days of payables have shown a fluctuating trend over the past few quarters. In Q4 2023, the number of days of payables decreased to 7.94 days compared to 9.87 days in Q4 2022. This suggests that the company is taking fewer days to pay its suppliers and may be managing its payables more efficiently. It is also important to note that data for the other quarters is not available, making it difficult to assess the overall trend in the management of payables. Further analysis across multiple quarters would be necessary to provide a more comprehensive evaluation of United Therapeutics Corp's payables management.
Peer comparison
Dec 31, 2023