Carrier Global Corp (CARR)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 8.56 | 1.62 | 1.39 | 1.32 | 1.46 | 1.14 | 1.03 | 0.97 | 0.94 | 1.00 | 1.22 | 1.24 | 1.39 | 1.50 | 1.34 | 1.37 | 1.54 | |
| Number of days of payables | days | 42.64 | 225.85 | 262.80 | 277.24 | 249.19 | 319.61 | 354.22 | 376.05 | 387.14 | 365.13 | 300.38 | 295.45 | 262.45 | 243.71 | 273.34 | 267.03 | 236.97 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.56
= 42.64
The number of days of payables for Carrier Global Corp has shown fluctuations over the analyzed period. The average number of days of payables has ranged from approximately 42.64 days at the end of December 2024 to about 387.14 days at the end of December 2022.
The trend indicates that the number of days of payables has been volatile, with peaks and troughs observed throughout the period. For example, the days of payables increased significantly from September 2022 to December 2022, reaching its peak during that period.
Moreover, a general decreasing trend was observed from December 2022 to September 2023, followed by a slight increase in the days of payables by December 2023. However, this trend reversed consistently from that point, showing a decreasing trend until the end of December 2024.
Overall, the analysis suggests that Carrier Global Corp has managed its payables efficiently during the mentioned period, with fluctuations likely influenced by various external and internal factors impacting the company's operations and financial management.
Peer comparison
Dec 31, 2024
See also:
Carrier Global Corp Average Payables Payment Period (Quarterly Data)