Werner Enterprises Inc (WERN)

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
Payables turnover		16.50	17.59	19.14	17.98	18.14	18.75	16.43	16.35	18.06	16.55	14.62	11.81	16.20	13.19	16.71	16.49	15.19	16.14	15.49	14.45
Number of days of payables	days	22.12	20.75	19.07	20.30	20.12	19.47	22.21	22.32	20.21	22.06	24.97	30.89	22.53	27.67	21.84	22.14	24.04	22.61	23.56	25.26

December 31, 2023 calculation

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

As per the data provided, there is a lack of specific information regarding the number of days of payables for Werner Enterprises, Inc. in any of the mentioned quarters. Due to the absence of data, a comprehensive analysis or comparison of the company's payables turnover or payment cycle over the specified periods cannot be conducted. It is essential to have the actual values of payables to determine the efficiency of Werner Enterprises, Inc. in managing its accounts payable and supplier obligations.