Armstrong World Industries Inc (AWI)

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		12.74	12.14	11.98	12.55	11.20	10.83	10.44	11.59	10.63	10.75	11.35	12.10	11.19	13.32	14.99	14.91	12.63	13.49	13.63	11.36
Number of days of payables	days	28.65	30.07	30.47	29.09	32.58	33.70	34.95	31.50	34.35	33.95	32.15	30.17	32.62	27.40	24.35	24.48	28.91	27.06	26.78	32.12

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.74
= 28.65

Unfortunately, the data provided for the number of days of payables for Armstrong World Industries Inc. is incomplete. In order to conduct a comprehensive analysis of this financial ratio and its trends over time, accurate and consistent data for all quarters is essential. Without this data, it is not possible to assess the company's ability to pay its suppliers within a certain timeframe or to compare the efficiency of its accounts payable management across different periods. It is recommended to gather complete and up-to-date information on the number of days of payables for each quarter in order to provide a meaningful analysis of this financial metric.