Xylem Inc (XYL)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.32 | 4.80 | 4.76 | 5.04 | 5.35 | |
| Number of days of payables | days | 68.63 | 76.03 | 76.76 | 72.43 | 68.18 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.32
= 68.63
The number of days of payables for Xylem Inc has shown a fluctuating trend over the years. In December 2020, the company took an average of 68.18 days to pay off its payables, which increased to 72.43 days by the end of December 2021. In the following year, the number of days further rose to 76.76 days as of December 2022. It slightly decreased to 76.03 days by the end of December 2023. However, by the end of December 2024, the number of days of payables decreased to 68.63 days. Overall, the trend indicates that the company's payment cycle to its creditors has some variability and may require further monitoring to ensure efficient cash flow management and vendor relationships.
Peer comparison
Dec 31, 2024