Willscot Mobile Mini Holdings Corp A (WSC)

The number of days of payables for Willscot Mobile Mini Holdings Corp A has exhibited a notable trend over the period from December 31, 2020, to December 31, 2024. As of December 31, 2020, the company maintained an average payable period of approximately 55.15 days. This period decreased significantly over the subsequent years, reaching 40.40 days by December 31, 2021, and further declining to 39.17 days by the end of 2022.

In 2023, the payable days continued to decrease to approximately 30.49 days, indicative of a shorter lag in settling payables relative to the company's purchase and payment cycles. However, in 2024, there was a slight increase to 32.23 days, suggesting a minor extension in the time taken to settle liabilities.

Overall, the data reflects a trend toward more prompt payment practices over the examined period, with the payable days decreasing from over 55 days in 2020 to around 30 days in 2023. The slight uptick in 2024 may indicate a strategic or operational adjustment, such as changes in credit terms, cash flow management, or supplier relationships. This reduction in payable days over time signifies improving liquidity management and possibly better cash flow efficiency, though it also warrants consideration of the company's trade credit terms and supplier agreements.