Exxon Mobil Corp (XOM)

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		0.35	—	—	—	0.25	—	—	—	0.31	—	—	—	0.51	—	—	—	0.40	—	—	—
Number of days of payables	days	1,053.54	—	—	—	1,439.33	—	—	—	1,164.69	—	—	—	715.73	—	—	—	910.42	—	—	—

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.35
= 1,053.54

To analyze Exxon Mobil Corp.'s number of days of payables, we need specific data on accounts payable and cost of goods sold to calculate the ratio. Without this information, it is not possible to compute the number of days of payables for the respective quarters.

Number of days of payables is calculated using the formula:
Number of days of payables = (Accounts Payable / Cost of Goods Sold) x Number of days in the period

This ratio helps assess how long it takes for a company to pay its suppliers for goods or services received. A higher number of days of payables indicates that the company takes longer to pay its bills, which may signal liquidity concerns or strained supplier relationships. Conversely, a lower number of days suggests efficient management of payables.

To provide a meaningful analysis, we would require the specific values of accounts payable and cost of goods sold for each quarter. Without this crucial data, a thorough assessment of Exxon Mobil Corp.'s number of days of payables is not possible based solely on the table provided.