Curtiss-Wright Corporation (CW)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.55 | 11.48 | 11.11 | 10.44 | 9.81 | 10.86 | 9.74 | 10.65 | 8.10 | 11.60 | 12.26 | 12.56 | 10.15 | 10.08 | 9.44 | 9.56 | 7.70 | 9.70 | 9.10 | 9.40 | |
| Number of days of payables | days | 34.59 | 31.79 | 32.86 | 34.96 | 37.22 | 33.61 | 37.47 | 34.26 | 45.04 | 31.46 | 29.77 | 29.06 | 35.94 | 36.22 | 38.66 | 38.18 | 47.38 | 37.61 | 40.12 | 38.85 |
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 have shown fluctuations over the past few years. As of December 31, 2024, the company took approximately 34.59 days to pay its suppliers. This was a decrease from the previous quarter, indicating a potential improvement in the efficiency of managing payables.
Looking at the trend, there was a notable spike in the number of days of payables around December 31, 2020, where it peaked at 47.38 days. However, the company managed to bring down this figure in the following quarters.
In the most recent quarter, as of March 31, 2024, the number of days of payables dropped to 34.96 days, showing a slight decrease from the previous quarter. This could suggest effective management of payables, potentially impacting working capital and cash flow positively.
Overall, the fluctuations in the number of days of payables for Curtiss-Wright Corporation demonstrate the company's ability to adapt to changes in business conditions and its management of supplier payments.
Peer comparison
Dec 31, 2024