Linde plc Ordinary Shares (LIN)
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 | 8.11 | 8.88 | 8.54 | 9.21 | 9.20 | 9.23 | 7.85 | 7.03 | 6.60 | 7.33 | 6.99 | 7.26 | 6.90 | 7.06 | 7.48 | 7.36 | 5.52 | 4.42 | 2.58 | 1.15 | |
| Number of days of payables | days | 45.03 | 41.09 | 42.72 | 39.64 | 39.68 | 39.56 | 46.50 | 51.92 | 55.31 | 49.80 | 52.24 | 50.30 | 52.90 | 51.73 | 48.78 | 49.56 | 66.15 | 82.61 | 141.35 | 318.17 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.11
= 45.03
The number of days of payables for Linde Plc. has shown a fluctuating trend over the past eight quarters. In Q4 2023, the number of days of payables was 63.02 days, representing an increase from the previous quarter's 57.40 days. This suggests that the company took slightly longer to pay its suppliers in Q4 2023.
Comparing the latest data with the same quarter in the previous year, Q4 2022 recorded a similar number of days of payables at 56.20 days. This could indicate a possible shift in the company's payment strategies or management of its payables over the year.
The highest number of days of payables within the past two years was observed in Q2 2022 at 67.60 days, implying a longer duration for paying off the company's outstanding liabilities during that period. Conversely, the lowest number of days of payables was noted in Q3 2022 at 56.11 days, reflecting a more efficient payment cycle.
Overall, the variance in the number of days of payables for Linde Plc. highlights the importance of monitoring and managing payment terms with suppliers to optimize working capital while maintaining positive relationships in the supply chain.
Peer comparison
Dec 31, 2023
See also:
Linde plc Ordinary Shares Average Payables Payment Period (Quarterly Data)