Whirlpool Corporation (WHR)
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 | 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 | 4.13 | 4.53 | 4.51 | 4.63 | |
| Number of days of payables | days | 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 | 88.35 | 80.56 | 80.86 | 78.78 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.14
= 70.95
The trend of Whirlpool Corp.'s number of days of payables over the past eight quarters shows fluctuations, with some periods having longer days of payables than others. In the most recent quarter, Q4 2023, the number of days of payables was 80.64 days, slightly higher than in the previous quarter, Q3 2023, at 77.03 days. This may indicate that the company took slightly longer to pay its suppliers in Q4 2023.
Comparing the most recent quarters with the same periods in the previous year, there has been an improvement in managing payables. For example, in Q4 2023 (80.64 days) compared to Q4 2022 (74.00 days), there was an increase in days of payables. However, it is still lower than the levels seen in previous quarters.
Overall, the company's number of days of payables has shown some fluctuations, with efforts in recent quarters to manage payables more effectively. It is essential for investors and stakeholders to monitor this metric to ensure the company maintains a healthy balance in managing its supplier payments.
Peer comparison
Dec 31, 2023