Stanley Black & Decker Inc (SWK)
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 | 6.72 | 6.42 | 5.64 | 5.30 | 5.40 | 4.93 | 3.74 | 3.27 | 2.98 | 3.25 | 3.21 | 3.43 | 3.73 | 3.67 | 4.13 | 4.58 | 4.62 | 4.62 | 4.11 | 4.22 | |
| Number of days of payables | days | 54.34 | 56.81 | 64.73 | 68.81 | 67.57 | 74.06 | 97.52 | 111.76 | 122.64 | 112.29 | 113.72 | 106.33 | 97.87 | 99.45 | 88.38 | 79.76 | 79.08 | 79.06 | 88.74 | 86.47 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.72
= 54.34
The number of days of payables for Stanley Black & Decker Inc has been fluctuating over the past 5 years. The company's payables were managed most efficiently in March 2020 with 79.08 days, indicating the company took approximately 79 days to pay its suppliers on average. On the other hand, the highest number of days of payables was recorded in March 2022 at 122.64 days, suggesting that the company took around 123 days to settle its payables during that period. Overall, the trend shows some variability in the number of days of payables, which may indicate changes in the company's payment terms or supplier relations over time.
Peer comparison
Dec 31, 2023