Williams Companies Inc (WMB)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		0.52	0.57	0.38	0.36	4.34
Number of days of payables	days	704.24	635.52	962.99	1,009.97	84.10

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.52
= 704.24

The number of days of payables for Williams Companies Inc has shown fluctuating patterns over the years. As of December 31, 2020, the company took an average of 84.10 days to pay its payables. This number significantly increased to 1,009.97 days by December 31, 2021, suggesting a substantial extension in the payment period. The trend continued in 2022, with the number of days of payables at 962.99 days, indicating a continued emphasis on delaying payments.

However, there was a notable reduction in the number of days of payables by December 31, 2023, to 635.52 days. This decrease could indicate a more efficient payment management approach or negotiated terms with suppliers. By December 31, 2024, the number of days of payables slightly increased to 704.24 days, still significantly higher than the initial period.

Overall, the analysis reveals that Williams Companies Inc experienced significant changes in its payment practices over the years, with 2021 standing out as a period of notably extended payables. The subsequent years showed some stabilization and optimization in payables management, although the number of days of payables remains high compared to the baseline in 2020.