KBR Inc (KBR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.45 | 11.14 | 9.88 | 6.90 | 8.89 | |
| Number of days of payables | days | 38.64 | 32.75 | 36.93 | 52.86 | 41.07 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.45
= 38.64
By analyzing the data provided, the number of days of payables for KBR Inc has fluctuated over the years. The days of payables indicates the average number of days it takes for the company to pay its suppliers or trade payables.
In December 2020, KBR Inc took approximately 41.07 days to pay its creditors, which increased to 52.86 days by December 2021, indicating a possible delay in payments. However, by December 2022, the number of days of payables decreased to 36.93 days, suggesting an improvement in the payment process.
Subsequently, by December 2023, KBR Inc further reduced its average days of payables to 32.75 days, which indicates the company became more efficient in managing its payment obligations. The trend continued in December 2024, with the number of days of payables being 38.64 days, showing a slight increase compared to the previous year.
Overall, the number of days of payables for KBR Inc has shown variability over the years, with fluctuations that may reflect changes in the company's payment terms, working capital management, and relationships with suppliers.
Peer comparison
Dec 31, 2024