Westinghouse Air Brake Technologies Corp (WAB)
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 | 6.69 | 6.49 | 6.49 | 6.62 | 6.67 | 6.56 | 5.95 | 5.51 | 5.56 | 5.80 | 5.84 | 6.53 | 6.79 | 7.32 | 6.95 | 7.00 | 7.42 | 7.28 | 7.11 | 6.98 | |
| Number of days of payables | days | 54.55 | 56.25 | 56.28 | 55.17 | 54.69 | 55.66 | 61.34 | 66.19 | 65.61 | 62.90 | 62.51 | 55.87 | 53.76 | 49.83 | 52.51 | 52.13 | 49.18 | 50.15 | 51.33 | 52.26 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.69
= 54.55
Westinghouse Air Brake Technologies Corp's number of days of payables, a measure of how long the company takes to pay its suppliers, has shown some fluctuations over the past few years.
From March 31, 2020, to December 31, 2021, the number of days of payables ranged between 49.18 days and 53.76 days, indicating relatively stable payment practices during this period.
However, from March 31, 2022, the number of days of payables started to increase, reaching a peak of 66.19 days by March 31, 2023. This suggests that the company was taking longer to pay its suppliers during this period.
Subsequently, there was a slight decrease in the number of days of payables by December 31, 2024, where it stood at 54.55 days. This reduction could indicate an improvement in the company's payment efficiency or a change in its working capital management strategy.
Overall, monitoring the number of days of payables can provide insights into Westinghouse Air Brake Technologies Corp's liquidity position and its relationship with suppliers.
Peer comparison
Dec 31, 2024