Hexcel Corporation (HXL)

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 11.41 13.00 12.72 12.12 9.62 15.42 12.40 11.60 8.89 11.72 12.71 11.31 10.88 13.90 14.69 15.15 21.13 25.99 23.40 12.06
Number of days of payables days 31.98 28.08 28.70 30.10 37.96 23.67 29.44 31.48 41.04 31.15 28.71 32.27 33.54 26.26 24.85 24.09 17.28 14.05 15.60 30.27

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.41
= 31.98

Hexcel Corporation's number of days of payables, a measure of how long the company takes to pay its suppliers, has shown some fluctuations over the past few years.

From March 31, 2020, to December 31, 2022, the number of days of payables ranged from a low of 14.05 days to a high of 41.04 days. This indicates some variability in the company's payment practices during this period.

Subsequently, from March 31, 2023, to September 30, 2024, the number of days of payables stabilized within a narrower range, with values ranging from 23.67 days to 37.96 days.

Overall, it appears that Hexcel Corporation has managed to maintain its payables within a relatively consistent range in recent years, suggesting a degree of stability and control in its supplier payment processes.