General Dynamics Corporation (GD)

General Dynamics Corporation's number of days of payables has shown a fluctuating trend over the past five years. Starting at 350.97 days on December 31, 2020, it increased to 368.73 days by the end of 2021. This upward trend continued into 2022, reaching 376.41 days. However, a slight decline was observed by the end of 2023, with the number falling to 343.37 days. In the most recent year, ending on December 31, 2024, the number of days of payables increased again to 353.38 days.

The company's average number of days of payables over the period indicates that General Dynamics Corporation takes approximately 358.77 days to pay its suppliers. This suggests that the company, on average, takes a considerable amount of time to settle its payables, potentially indicating a strategic approach to managing its working capital and cash flow. It is essential to consider industry standards and compare this metric with competitors to gain a deeper understanding of General Dynamics Corporation's payables management strategies.

Peer comparison

Dec 31, 2024