United States Steel Corporation (X)

Number of days of payables

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Payables turnover		—	—	—	—	—
Number of days of payables	days	—	—	—	—	—

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for United States Steel Corp. has fluctuated over the past five years. In 2023, the company took approximately 3.21 days to pay its trade payables, a slight increase from the previous year's 3.11 days. This indicates that the company extended its payment period slightly. Looking back, in 2021, the number of days of payables was 2.49 days, significantly lower than the more recent years, suggesting that the company was paying its trade payables quicker during that period.

In 2020, the number of days of payables increased to 4.01 days compared to the prior year. This could indicate a change in the company's payment policies or financial position that led to a longer payment period. In 2019, the number of days of payables was 2.54 days, similar to the most recent year, showing consistency in the company's payment practices between those two years.

Overall, analyzing the trend in the number of days of payables for United States Steel Corp. provides insights into the company's liquidity management and relationships with its suppliers.