Vulcan Materials Company (VMC)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Vulcan Materials Co is not provided in the table for the years 2019 to 2023. This ratio indicates the average number of days it takes for a company to pay its suppliers for goods or services received. A higher number of days of payables could indicate that the company is taking a longer time to settle its payables, potentially indicating improved cash flow management. Conversely, a lower number of days of payables might mean that the company is paying its suppliers more quickly, which could indicate strong relationships with suppliers but might also put pressure on the company's cash flow. Without the specific values, it is not possible to perform a quantitative analysis of Vulcan Materials Co's number of days of payables over the years provided.
Peer comparison
Dec 31, 2023