Lennox International Inc (LII)
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 | 7.28 | 7.29 | 7.56 | 7.76 | 9.17 | 9.96 | 7.27 | 7.71 | 8.04 | 7.75 | 6.57 | 6.73 | 7.48 | 7.30 | 7.16 | 7.27 | 7.62 | 7.18 | 8.80 | 7.60 | |
| Number of days of payables | days | 50.11 | 50.09 | 48.28 | 47.02 | 39.82 | 36.66 | 50.23 | 47.34 | 45.42 | 47.10 | 55.56 | 54.25 | 48.83 | 49.97 | 50.96 | 50.22 | 47.88 | 50.82 | 41.49 | 48.05 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.28
= 50.11
The number of days of payables for Lennox International Inc has fluctuated over the past few years. It was relatively stable around 48 to 51 days from March 2020 to June 2021. However, there was an increase to around 55 days by June 2022 before decreasing to around 45 days by December 2022. The number of days of payables then increased again, reaching around 50 days by September 2024.
Overall, the trend indicates some variability in Lennox International Inc's payment cycle to its creditors. It is important to monitor this metric to understand the company's management of payables and its liquidity position.
Peer comparison
Dec 31, 2024