The Boeing Company (BA)
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 | 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 | 4.64 | 5.00 | 5.21 | 5.53 | |
| Number of days of payables | days | 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 | 78.74 | 73.03 | 70.02 | 65.96 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.86
= 62.32
The number of days of payables for Boeing Co. has fluctuated over the past eight quarters, ranging from a low of 54.24 days to a high of 62.32 days. Generally, Boeing Co. takes approximately 57 to 62 days to pay its suppliers and other creditors. The trend shows some variability, but overall, the number of days of payables has remained within a relatively narrow range. This indicates that Boeing Co. has been consistent in managing its payment obligations to suppliers and has not experienced significant changes in its payables management practices during the period under review.
Peer comparison
Dec 31, 2023
See also:
The Boeing Company Average Payables Payment Period (Quarterly Data)