BWX Technologies Inc (BWXT)
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 | 14.81 | 11.90 | 12.22 | 12.41 | 13.22 | 11.33 | 10.81 | 11.24 | 8.29 | 11.20 | 10.82 | 10.54 | 8.40 | 9.20 | 10.46 | 11.69 | 7.97 | 10.82 | 11.89 | 12.92 | |
| Number of days of payables | days | 24.65 | 30.66 | 29.86 | 29.42 | 27.60 | 32.21 | 33.77 | 32.48 | 44.03 | 32.60 | 33.73 | 34.64 | 43.47 | 39.66 | 34.90 | 31.21 | 45.77 | 33.73 | 30.71 | 28.25 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.81
= 24.65
Based on the data provided for BWX Technologies Inc's number of days of payables over the past eight quarters, we can observe fluctuations in the efficiency of the company's payable management.
In Q4 2023, BWX Technologies Inc reported 24.65 days of payables, which represents a decrease compared to the previous quarter. This indicates that the company took fewer days to pay its suppliers, potentially leading to improved cash flow management.
In the preceding quarters, the number of days of payables ranged between 29.42 days to 32.48 days, showing a relatively consistent trend within this range. However, in Q3 2022, there was a significant increase to 33.77 days, suggesting a potential delay in payments to suppliers during that period.
Overall, BWX Technologies Inc's number of days of payables reflects the company's effectiveness in managing its payable obligations. The recent decrease in Q4 2023 may be a positive indication of improved liquidity and operational efficiency. Monitoring this ratio over time can provide valuable insights into the company's financial health and working capital management strategies.
Peer comparison
Dec 31, 2023