Waste Management Inc (WM)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 7.84 | 8.35 | 8.52 | 9.32 | 8.78 | 8.46 | 9.02 | 9.70 | 8.19 | 9.61 | 10.17 | 9.84 | 9.60 | 8.72 | 8.73 | 9.57 | 10.14 | 9.26 | 9.14 | 8.22 | |
| Number of days of payables | days | 46.57 | 43.69 | 42.83 | 39.16 | 41.57 | 43.17 | 40.46 | 37.64 | 44.55 | 37.98 | 35.89 | 37.11 | 38.04 | 41.87 | 41.82 | 38.16 | 36.00 | 39.40 | 39.93 | 44.39 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.84
= 46.57
The number of days of payables for Waste Management Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The company took an average of 39.85 days to pay its creditors during this period.
There was a gradual decrease in the number of days of payables from March 31, 2020, to June 30, 2020, indicating a more efficient management of trade payables during that period. However, from December 31, 2020, to December 31, 2024, the number of days of payables showed some volatility, with peaks and troughs observed at different points.
Overall, the trend in the number of days of payables suggests that Waste Management Inc may have been managing its trade payables effectively over the period under consideration. However, it is important to note that paying suppliers too quickly or too slowly can have implications for the company's cash flow management and relationships with suppliers.
Peer comparison
Dec 31, 2024
See also:
Waste Management Inc Average Payables Payment Period (Quarterly Data)