Werner Enterprises Inc (WERN)

Number of days of payables

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Payables turnover		16.50	18.14	19.42	16.20	15.19
Number of days of payables	days	22.12	20.12	18.79	22.53	24.04

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 16.50
= 22.12

Based on the provided data for Werner Enterprises, Inc., the number of days of payables is not explicitly disclosed or available for analysis from the financial statements. Without the specific figures for each year, it is challenging to assess the trend or evaluate the efficiency of the company's accounts payable management over time.

However, the number of days of payables is a key metric that indicates how long a company takes to pay its suppliers and creditors. A lower number of days of payables may suggest that the company is paying its bills promptly, which can be viewed positively in terms of liquidity and supplier relationships. On the other hand, a higher number of days of payables could indicate that the company is taking longer to settle its obligations, potentially signaling cash flow or operational efficiency issues.

To perform a more in-depth analysis and understand the financial health and management practices of Werner Enterprises, further information, including the specific values for the number of days of payables for each year, would be necessary.