Woodward Inc (WWD)

Woodward Inc's number of days of payables, which measures how long the company takes to pay its suppliers, has seen fluctuations over the past five years. In Sep 30, 2024, the company took approximately 37.57 days to pay its payables, which represents an increase compared to the previous year where it took around 33.44 days. This suggests that Woodward Inc's payment period to suppliers has lengthened, indicating a potential strain on its liquidity or an intentional strategy to manage cash flow.

Looking further back, in Sep 30, 2022 and Sep 30, 2021, Woodward Inc's number of days of payables were 40.12 days and 32.30 days, respectively. The increase in 2022 compared to 2021 indicates a slower payment cycle, possibly signaling a delay in supplier payments. However, the decrease in 2021 compared to 2022 shows an improvement in efficiency in managing payables.

In Sep 30, 2020, Woodward Inc's number of days of payables was notably lower at 22.55 days, suggesting a relatively shorter payment period compared to the following years. This could indicate a more aggressive approach to managing payables or potentially a change in the company's operating cycle.

Overall, Woodward Inc's number of days of payables has shown variability over the years, reflecting changes in the company's payment practices and liquidity management. Further analysis would be needed to understand the underlying reasons for these fluctuations and their impact on the company's financial health.