The Boeing Company (BA)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.03 | 5.79 | 5.61 | 5.92 | 5.86 | 6.18 | 6.28 | 6.37 | 6.19 | 6.36 | 6.17 | 6.73 | 6.40 | 6.20 | 5.46 | 4.91 | 4.94 | 4.25 | 4.77 | 4.69 | |
| Number of days of payables | days | 60.55 | 63.06 | 65.03 | 61.66 | 62.32 | 59.04 | 58.08 | 57.28 | 59.00 | 57.40 | 59.17 | 54.22 | 57.03 | 58.85 | 66.88 | 74.40 | 73.91 | 85.85 | 76.48 | 77.78 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.03
= 60.55
The number of days of payables for The Boeing Company has shown fluctuations over the past several quarters. From December 31, 2020, to June 30, 2021, there was a noticeable decrease in the number of days of payables from 73.91 days to 66.88 days, indicating that Boeing was paying its suppliers and vendors more quickly during that period.
Subsequently, there was a significant decrease in the number of days of payables from September 30, 2021, to March 31, 2023, where it dropped to 54.22 days, suggesting that Boeing was further improving its payment efficiency or possibly negotiating more favorable payment terms with its suppliers.
However, from March 31, 2023, to June 30, 2024, there was some fluctuation in the number of days of payables, ranging from a low of 54.22 days to a high of 65.03 days. This fluctuation could indicate changing business conditions or strategies within the company.
Overall, a lower number of days of payables can indicate that a company is effectively managing its working capital and maintaining good relationships with its suppliers by paying invoices promptly. Conversely, a higher number of days of payables may suggest that a company is facing financial difficulties or experiencing challenges in its supply chain.
Peer comparison
Dec 31, 2024
See also:
The Boeing Company Average Payables Payment Period (Quarterly Data)