Westinghouse Air Brake Technologies Corp (WAB)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.77 | 6.76 | 5.63 | 6.89 | 7.53 | |
| Number of days of payables | days | 53.92 | 53.98 | 64.78 | 52.97 | 48.50 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.77
= 53.92
Westinghouse Air Brake Technologies Corp's number of days of payables has shown some fluctuations over the five-year period from December 31, 2020, to December 31, 2024. The trend indicates an increase in the number of days it takes the company to pay its suppliers from 48.50 days in 2020 to 52.97 days in 2021. This was followed by a significant jump to 64.78 days in 2022, suggesting a potential delay in settling payables.
However, the number of days of payables decreased in 2023 to 53.98 days and remained relatively stable at 53.92 days by the end of 2024. This indicates that the company may have improved its payables management efficiency or negotiated more advantageous payment terms with its suppliers during these years.
Overall, Westinghouse Air Brake Technologies Corp's number of days of payables has shown variability, with a peak in 2022, followed by a slight decline and stabilization in the subsequent years. This metric is important as it reflects the company's ability to manage its working capital effectively and maintain relationships with its suppliers.
Peer comparison
Dec 31, 2024