Transdigm Group Incorporated (TDG)

The number of days of payables for Transdigm Group Incorporated has fluctuated over the past five years. In 2024, the number of days of payables decreased to 36.08 days compared to 40.59 days in 2023. This suggests the company took fewer days to pay its suppliers in 2024. However, compared to 2022 where it was 43.71 days, the number of days decreased further in line with an improvement in payables management.

It is important to note that a decreasing trend in the number of days of payables may indicate more efficient management of trade credit terms as the company is taking less time to pay its suppliers. It could also indicate potential negotiation leverage with suppliers. However, the company will need to strike a balance to ensure it maintains positive relationships with its suppliers while optimizing its cash flow and liquidity position.