KBR Inc (KBR)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.03 | 9.37 | 8.66 | 8.20 | 9.78 | 12.73 | 11.33 | 11.50 | 6.83 | 6.12 | 8.47 | 8.62 | 8.89 | 8.70 | 8.65 | 7.43 | 8.72 | 7.82 | 7.78 | 7.92 | |
| Number of days of payables | days | 33.10 | 38.96 | 42.14 | 44.53 | 37.33 | 28.67 | 32.21 | 31.73 | 53.44 | 59.64 | 43.08 | 42.35 | 41.07 | 41.94 | 42.18 | 49.12 | 41.87 | 46.69 | 46.94 | 46.07 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.03
= 33.10
The number of days of payables for KBR Inc has fluctuated over the past five years, with a range from as low as 28.67 days to as high as 59.64 days. Observing the trend, there is some variability in the payables period, indicating potential changes in the company's payment practices and relationships with suppliers. A lower number of days of payables suggests that the company is taking less time to settle its payables, which could imply efficient working capital management. Conversely, a higher number of days of payables could indicate potential liquidity issues or strained supplier relationships. Studying this metric over time can provide insights into KBR's financial health and operational efficiency in managing its payables.
Peer comparison
Dec 31, 2023