XPO Logistics Inc (XPO)

The number of days of payables for XPO Logistics Inc has shown some fluctuations over the years. As of December 31, 2020, the company had an average payable period of around 28.68 days, indicating that on average, it takes approximately 28.68 days for XPO Logistics to pay its suppliers.

By December 31, 2021, there was a significant improvement in the number of days of payables, decreasing to 17.57 days. This suggests that the company was able to manage its payables more efficiently and potentially negotiate better payment terms with its suppliers.

However, by December 31, 2022, the number of days of payables increased to 30.95 days, indicating that XPO Logistics was taking slightly longer to settle its obligations with suppliers compared to the previous year.

The trend continued as of December 31, 2023, with the number of days of payables rising further to 49.98 days. This substantial increase may raise questions about the company's liquidity and ability to meet its short-term obligations promptly.

As of December 31, 2024, the number of days of payables declined to 42.47 days, but it still remained significantly higher compared to the levels observed in previous years. This indicates that XPO Logistics may have experienced challenges in managing its payables efficiently during that period.

Overall, the analysis suggests that XPO Logistics Inc has experienced some fluctuations in its number of days of payables over the years, which may have implications for its working capital management and liquidity position.

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Dec 31, 2024