Vistra Energy Corp (VST)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.30 | 0.90 | 0.82 | 1.74 | 1.12 | |
| Number of days of payables | days | 281.17 | 407.71 | 443.80 | 209.93 | 326.71 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.30
= 281.17
The number of days of payables for Vistra Corp has shown some fluctuations over the past five years. It decreased from 60.20 days in 2019 to 54.60 days in 2022, indicating a more efficient management of payables during this period. However, there was a slight increase to 55.40 days in 2023.
A lower number of days of payables suggests that the company is taking fewer days to pay its suppliers, which could be a positive signal of strong liquidity and good relationships with vendors. On the other hand, a higher number of days of payables may indicate a potential strain on cash flows or difficulties in meeting payment obligations.
Overall, while there has been some volatility in Vistra Corp's number of days of payables, it is important for investors and stakeholders to monitor this ratio in conjunction with other financial indicators to assess the company's financial health and performance.
Peer comparison
Dec 31, 2023