Vulcan Materials Company (VMC)
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 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
As the data for the number of days of payables for Vulcan Materials Co is not provided in the table, it is not possible to calculate or analyze the trend of this particular financial ratio over the given periods. The number of days of payables is a critical metric that indicates how long on average it takes for the company to pay its suppliers or vendors. A higher number of days of payables could suggest that the company is taking longer to settle its obligations, potentially indicating financial strain or inefficiencies in the supply chain management. Conversely, a lower number of days of payables could indicate a more efficient payment process or strong bargaining power with suppliers. Without the specific data for Vulcan Materials Co, a detailed analysis of this ratio's trend and its implications for the company's financial health cannot be provided.
Peer comparison
Dec 31, 2023