Becton Dickinson and Company (BDX)
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 | — | 11.08 | — | — | — | 9.90 | — | — | — | 9.87 | — | — | — | 7.04 | — | — | — | 8.24 | — | — | |
| Number of days of payables | days | — | 32.94 | — | — | — | 36.87 | — | — | — | 36.99 | — | — | — | 51.84 | — | — | — | 44.28 | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided, Becton Dickinson & Co. had a number of days of payables of 53.47 days in Q4 2023 and 59.67 days in Q4 2022. The number of days of payables in the remaining quarters of the displayed period is not available.
The decrease in the number of days of payables from 59.67 days in Q4 2022 to 53.47 days in Q4 2023 indicates that the company took fewer days to pay its suppliers compared to the previous year. A lower number of days of payables suggests that the company is managing its payables more efficiently by settling its obligations more quickly.
However, without data for the other quarters, it is challenging to assess the overall trend in the number of days of payables in the given period. Additional information about the payment patterns in the missing quarters would provide a more comprehensive understanding of Becton Dickinson & Co.'s management of payables.
Peer comparison
Dec 31, 2023
See also:
Becton Dickinson and Company Average Payables Payment Period (Quarterly Data)