Wynn Resorts Limited (WYNN)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 8.52 | 8.91 | 8.01 | 8.97 | 9.79 | |
| Number of days of payables | days | 42.82 | 40.95 | 45.59 | 40.69 | 37.30 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.52
= 42.82
The number of days of payables for Wynn Resorts Limited has shown an increasing trend over the years, from 37.30 days as of December 31, 2020, to 42.82 days as of December 31, 2024. This indicates that the company is taking longer to pay its suppliers or trade payables. The 42.82 days of payables as of December 31, 2024, suggest that, on average, Wynn Resorts takes approximately 42.82 days to settle its payables owed to suppliers. An increasing number of days of payables could imply a potential strain on the company's working capital management or a change in its payment policies. It is essential for stakeholders and investors to monitor this metric closely to assess the company's liquidity position and vendor relationships.
Peer comparison
Dec 31, 2024