Becton Dickinson and Company (BDX)

Number of days of payables

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Payables turnover		9.39	11.14	9.80	9.83	6.27
Number of days of payables	days	38.87	32.77	37.23	37.14	58.21

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.39
= 38.87

Becton Dickinson and Company's number of days of payables has fluctuated over the past five years. As of September 30, 2024, the company took approximately 38.87 days, on average, to pay its suppliers. This represents an increase from the previous year's number of 32.77 days.

Comparing the current figure to 2020, there has been a noticeable improvement from 58.21 days to 38.87 days in 2024. However, it's worth noting that in 2021 and 2022, Becton Dickinson maintained a relatively stable average number of days of payables at around 37 days.

The increase in the number of days of payables from 2023 to 2024 may imply that the company is taking slightly longer to pay its suppliers, which could have implications for its cash flow management and relationships with vendors. Further analysis would be needed to determine the reasons behind this change and its potential impact on the company's financial health.