Whirlpool Corporation (WHR)
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 | 4.63 | 4.91 | 5.21 | 5.43 | 5.14 | 5.39 | 5.24 | 5.49 | 5.67 | 4.41 | 3.94 | 3.74 | 3.69 | 3.70 | 3.85 | 3.85 | 3.58 | 4.12 | 5.23 | 4.51 | |
| Number of days of payables | days | 78.77 | 74.36 | 70.02 | 67.21 | 70.95 | 67.70 | 69.64 | 66.48 | 64.40 | 82.75 | 92.55 | 97.64 | 98.92 | 98.60 | 94.69 | 94.81 | 101.92 | 88.62 | 69.82 | 80.86 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.63
= 78.77
Whirlpool Corporation's number of days of payables shows the average number of days it takes for the company to pay its suppliers. Analyzing the trend over the past few years, we observe fluctuations in the number of days of payables.
From March 31, 2020, to September 30, 2021, the number of days of payables ranged from around 69 to 101 days, showing some variability in the company's payment practices. However, from September 30, 2021, to December 31, 2024, there is a decreasing trend observed in the number of days of payables, indicating that the company is taking less time to pay its suppliers over this period.
The number of days of payables decreased from 98.92 days on December 31, 2021, to 78.77 days on December 31, 2024. This decrease could indicate more efficient cash management or improved supplier relationships, as the company is paying its suppliers more promptly. However, it is essential to keep monitoring this ratio to ensure that it remains at an optimal level, balancing timely payments with cash flow management.
Peer comparison
Dec 31, 2024