Williams Companies Inc (WMB)
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 | 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 | 2.66 | 1.83 | 1.81 | 2.76 | |
| Number of days of payables | days | 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 | 137.34 | 199.03 | 201.10 | 132.26 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.57
= 639.56
The number of days of payables for Williams Cos Inc has shown fluctuations over the past eight quarters. In Q4 2023, the number of days of payables increased to 267.16 days, compared to 227.68 days in Q3 2023. This suggests that the company took longer to pay its suppliers in Q4 2023.
Looking at the trend over the quarters, there was a notable increase in the number of days of payables from Q1 2023 to Q2 2023, where it jumped from 147.22 days to 155.90 days. However, in Q3 2023, there was a decrease before the significant increase observed in Q4 2023.
Comparing Q4 2023 to the same quarter of the previous year, there was an increase from 252.11 days in Q4 2022 to 267.16 days in Q4 2023, indicating a longer period taken by the company to settle its payables.
Overall, the number of days of payables for Williams Cos Inc has been variable over the past eight quarters, suggesting changes in the company's payment policies and the management of its trade credit. Further analysis and trends over multiple periods would provide additional insights into the company's liquidity management and relationships with suppliers.
Peer comparison
Dec 31, 2023