Williams Companies Inc (WMB)
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 | 0.52 | 0.71 | 0.66 | 0.75 | 0.57 | 0.61 | 0.80 | 0.72 | 0.37 | 0.30 | 0.28 | 0.42 | 0.36 | 0.60 | 1.58 | 1.82 | 4.34 | 5.05 | 3.08 | 6.97 | |
Number of days of payables | days | 707.63 | 515.53 | 557.08 | 485.73 | 639.56 | 593.62 | 456.65 | 504.58 | 976.27 | 1,218.07 | 1,286.78 | 873.35 | 1,009.97 | 609.79 | 231.34 | 200.99 | 84.10 | 72.22 | 118.38 | 52.35 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.52
= 707.63
The number of days of payables for Williams Companies Inc has fluctuated over the years. As of December 31, 2024, the company took an average of 707.63 days to pay its payables. This indicates that the company's payment cycle has been elongated, which may suggest potential liquidity issues or strategic management of vendor relationships.
It is important for investors and stakeholders to monitor this ratio closely, as a significant increase in the number of days of payables could signal operational inefficiencies or financial difficulties. Williams Companies Inc should aim to strike a balance in managing its payables effectively to maintain healthy relationships with suppliers while ensuring sustainable cash flow management.
Peer comparison
Dec 31, 2024