GE HealthCare Technologies Inc. (GEHC)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Payables turnover | 1.41 | 1.50 | 1.53 | 1.47 | 1.46 | 2.21 | |
| Number of days of payables | days | 258.26 | 243.19 | 237.94 | 247.81 | 249.17 | 165.52 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.41
= 258.26
Based on the provided data, the number of days of payables for GE HealthCare Technologies Inc. has fluctuated over the periods shown. As of December 31, 2023, the company took approximately 249.17 days to pay its payables on average. This number decreased to 237.94 days by June 30, 2024, before increasing to 258.26 days by December 31, 2024.
These figures indicate that the company, on average, is taking more days to pay its payables in recent periods, which could suggest potential liquidity challenges or changes in vendor terms. It is important for stakeholders to monitor this metric to ensure the company's financial health and ability to manage its working capital effectively.
Peer comparison
Dec 31, 2024