Xylem Inc (XYL)
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 | 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 | 6.17 | 5.95 | 5.82 | |
| Number of days of payables | days | 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 | 59.19 | 61.33 | 62.76 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.80
= 76.03
The number of days of payables for Xylem Inc has fluctuated over the past eight quarters. In Q2 2023, the company took 93.92 days on average to pay its suppliers, which was an increase from the previous quarter. This suggests that Xylem Inc may be taking longer to settle its outstanding invoices, potentially indicating strained liquidity or negotiation terms with suppliers.
Comparing Q2 2023 to the same quarter in the previous year, there was a noticeable increase from 72.29 days to 93.92 days. This significant change might indicate a shift in Xylem Inc's payment practices or operational efficiency during this period.
Overall, monitoring the trend of the number of days of payables can provide insights into Xylem Inc's working capital management and relationship with its suppliers. It is important to consider the reasons behind any fluctuations and assess their implications on the company's financial health and operational performance.
Peer comparison
Dec 31, 2023