Xylem Inc (XYL)
Number of days of payables
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.33 | 5.67 | 5.30 | 4.80 | 4.47 | 3.89 | 4.98 | 4.76 | 5.40 | 5.05 | 5.00 | 5.04 | 5.61 | 5.35 | 5.85 | 5.35 | 6.13 | 6.15 | 6.23 | 5.37 | |
| Number of days of payables | days | 68.48 | 64.35 | 68.85 | 76.03 | 81.60 | 93.92 | 73.31 | 76.76 | 67.64 | 72.29 | 73.02 | 72.43 | 65.06 | 68.26 | 62.44 | 68.18 | 59.57 | 59.38 | 58.56 | 68.03 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.33
= 68.48
Xylem Inc's number of days of payables has shown fluctuating trends over the periods mentioned. The data indicates that the company took an average of around 68 days to pay its payables as of December 31, 2019, which decreased to around 58 days by March 31, 2020. Subsequently, there was an increase in the number of days to 68.18 days by December 31, 2020, before trending downward to 62.44 days by March 31, 2021. Thereafter, the number of days increased to 93.92 days by June 30, 2023, which marks a significant spike.
Overall, the number of days of payables for Xylem Inc has fluctuated within the range of approximately 58 days to 93 days over the specified time frame. This metric is indicative of the average number of days the company takes to pay its payables, reflecting its payment practices and liquidity management. Increased days of payables may suggest extended credit terms with suppliers, while a decreasing trend may signal more efficient working capital management.
Peer comparison
Dec 31, 2024