Curtiss-Wright Corporation (CW)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 10.55 | 9.81 | 8.10 | 10.15 | 7.70 | |
| Number of days of payables | days | 34.59 | 37.22 | 45.04 | 35.94 | 47.38 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.55
= 34.59
The number of days of payables for Curtiss-Wright Corporation has shown a decreasing trend over the years, indicating a more efficient management of its payables. As of December 31, 2020, the company took approximately 47.38 days to pay its outstanding payables, which decreased to around 34.59 days by December 31, 2024. This implies that the company is now paying its suppliers and vendors at a faster rate compared to previous years. Lower number of days of payables suggests a healthier cash flow management and potentially stronger relationships with suppliers. It is essential for the company to strike a balance between optimizing payables and maintaining good relationships with its vendors.
Peer comparison
Dec 31, 2024