Verisk Analytics Inc (VRSK)
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 ÷ —
= —
Number of days of payables measures how long a company takes to pay its suppliers. A higher number of days indicates that the company is taking longer to settle its payables, potentially signaling liquidity or cash flow issues. On the other hand, a lower number of days suggests that the company is paying its suppliers more promptly.
Without specific data provided for Verisk Analytics Inc's number of days of payables for the years 2019 to 2023, it is challenging to analyze the trend and assess the company's payment practices accurately. However, it is essential for investors and analysts to closely monitor this metric over time to understand how efficiently the company is managing its working capital and maintaining healthy supplier relationships.
Peer comparison
Dec 31, 2023