GE Aerospace (GE)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 0.65 | 1.37 | 1.19 | 1.12 | — | |
| Number of days of payables | days | 563.28 | 266.58 | 306.23 | 324.58 | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.65
= 563.28
The number of days of payables for GE Aerospace has shown fluctuations over the years. From the data provided, it can be observed that on December 31, 2020, the number of days of payables was not specified. However, in the subsequent years, there was a significant increase and then a decrease in the number of days of payables. On December 31, 2021, it was 324.58 days, which decreased to 306.23 days on December 31, 2022. Further reduction was seen on December 31, 2023, with the number of days of payables at 266.58 days. The most notable increase occurred on December 31, 2024, with the number of days of payables spiking to 563.28 days. This data suggests fluctuations in the company's ability to pay its payables within a certain timeframe over the years, with potential implications for liquidity and financial health.
Peer comparison
Dec 31, 2024