BWX Technologies Inc (BWXT)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 12.96 | 14.81 | 13.22 | 8.29 | 8.40 | |
| Number of days of payables | days | 28.17 | 24.65 | 27.60 | 44.03 | 43.47 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.96
= 28.17
The number of days of payables for BWX Technologies Inc has shown a decreasing trend over the last five years. It decreased from 43.47 days as of December 31, 2020, to 44.03 days as of December 31, 2021, which was followed by a more significant decrease to 27.60 days as of December 31, 2022. This indicates that the company is taking longer to pay its suppliers.
As of December 31, 2023, the number of days of payables decreased further to 24.65 days, suggesting more efficient management of payables and potentially improved working capital management. However, as of December 31, 2024, the number of days of payables increased slightly to 28.17 days, indicating a possible lengthening in payment periods to suppliers compared to the prior year.
Overall, the fluctuations in the number of days of payables for BWX Technologies Inc over the analyzed period may reflect varying strategies in managing vendor payments and working capital efficiency.
Peer comparison
Dec 31, 2024