GE Aerospace (GE)

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		1.56	2.55	2.68	2.12	2.92	2.16	2.27	2.43	2.14	—	—	—	5.77	—	—	—	—	5.87	6.28	6.02
Number of days of payables	days	234.16	143.14	136.37	172.51	124.84	169.36	160.91	150.29	170.22	—	—	—	63.30	—	—	—	—	62.19	58.08	60.58

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.56
= 234.16

The number of days of payables for GE Aerospace has shown fluctuations over the periods provided. As of December 31, 2024, the number of days of payables stood at 234.16 days, indicating that, on average, it takes approximately 234 days for the company to pay its suppliers. This figure has increased significantly from the previous periods, which ranged from 124.84 days on December 31, 2023, to 172.51 days on March 31, 2024.

It is important to note that a higher number of days of payables may suggest that the company is taking longer to settle its payables, which could potentially strain relationships with suppliers. Moreover, an increase in the number of days of payables may also indicate liquidity issues within the company or inefficiencies in its payables management process. Monitoring this metric over time can provide insight into GE Aerospace's financial health and operational efficiency in managing its payables.