Aptiv PLC (APTV)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.50 | 6.09 | 5.37 | 5.10 | 4.33 | |
| Number of days of payables | days | 56.18 | 59.92 | 68.00 | 71.59 | 84.34 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.50
= 56.18
Aptiv PLC's number of days of payables has shown a decreasing trend over the years, indicating an improvement in the company's ability to pay its suppliers. As of December 31, 2020, the number of days of payables was 84.34 days, which decreased to 71.59 days by December 31, 2021, further declining to 68.00 days by December 31, 2022. The trend continued with 59.92 days as of December 31, 2023, and further decreased to 56.18 days by December 31, 2024. This suggests that Aptiv PLC has been managing its payables more efficiently, possibly negotiating better payment terms with suppliers or streamlining its processes. A decreasing number of days of payables can also indicate improved liquidity and working capital management within the company.
Peer comparison
Dec 31, 2024