Huntington Ingalls Industries Inc (HII)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.81 | 2.08 | 1.66 | 1.63 | 2.12 | |
| Number of days of payables | days | 201.73 | 175.83 | 220.23 | 223.67 | 172.56 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.81
= 201.73
Huntington Ingalls Industries Inc's number of days of payables has shown variability over the past five years. As of December 31, 2020, the company took approximately 172.56 days to settle its payables. This figure increased to 223.67 days by December 31, 2021, indicating a possible extension in the time taken to pay its obligations.
Subsequently, by December 31, 2022, the number of days of payables decreased to 220.23 days, suggesting a slight improvement in the management of payables. However, by the end of December 31, 2023, the days of payables decreased notably to 175.83 days, signaling a more efficient management of payables within the company.
Finally, by December 31, 2024, the number of days of payables increased to 201.73 days, showing a slight elongation in the time taken to settle payables compared to the previous year. Overall, the trend in the number of days of payables for Huntington Ingalls Industries Inc indicates fluctuations, with potential implications for the company's working capital management and liquidity position. Further analysis would be necessary to understand the reasons behind these variations.
Peer comparison
Dec 31, 2024