Armstrong World Industries Inc (AWI)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.80 | 11.27 | 10.77 | 11.30 | 12.75 | |
| Number of days of payables | days | 28.51 | 32.40 | 33.90 | 32.30 | 28.64 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.80
= 28.51
The number of days of payables for Armstrong World Industries Inc. is not available in the provided data for the years ending December 31, 2019, 2020, 2021, 2022, and 2023. As a result, we are unable to perform a detailed analysis of the company's payables turnover and payment practices based on this specific financial ratio. It is essential to have this information to evaluate the efficiency with which the company manages its accounts payable and settles its outstanding obligations. Additional data or information on payables will be needed to conduct a thorough analysis of Armstrong World Industries Inc.'s payment cycle and cash flow management in relation to its suppliers.
Peer comparison
Dec 31, 2023