Xerox Corp (XRX)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.86 | 1.97 | 1.53 | 1.85 | 2.27 | |
| Number of days of payables | days | 196.73 | 185.52 | 239.32 | 197.26 | 160.68 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.86
= 196.73
The number of days of payables for Xerox Corp has shown a fluctuating trend over the past five years. As of December 31, 2020, the company took an average of 160.68 days to pay its payables, which increased to 197.26 days by the end of 2021. Subsequently, there was a significant rise to 239.32 days as of December 31, 2022, indicating a potential delay in settling its obligations.
However, Xerox Corp showed improvement in managing its payables by reducing the number of days to 185.52 days by the end of 2023. The following year, as of December 31, 2024, the number of days of payables increased slightly to 196.73 days.
Overall, the trend suggests that Xerox Corp has experienced fluctuations in the number of days of payables, indicating varying levels of efficiency in managing its payment obligations to suppliers over the analyzed period.
Peer comparison
Dec 31, 2024