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Raytheon Co (Raytheon Co) Days Payable : 25.55 (As of Dec. 2019)


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What is Raytheon Co Days Payable?

Raytheon Co's average Accounts Payable for the three months ended in Dec. 2019 was $1,633 Mil. Raytheon Co's Cost of Goods Sold for the three months ended in Dec. 2019 was $5,832 Mil. Hence, Raytheon Co's Days Payable for the three months ended in Dec. 2019 was 25.55.

The historical rank and industry rank for Raytheon Co's Days Payable or its related term are showing as below:

RTN's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 77.75
* Ranked among companies with meaningful Days Payable only.

Raytheon Co's Days Payable declined from Dec. 2018 (28.39) to Dec. 2019 (25.55). It may suggest that Raytheon Co accelerated paying its suppliers.


Raytheon Co Days Payable Historical Data

The historical data trend for Raytheon Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Raytheon Co Days Payable Chart

Raytheon Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.49 30.46 30.24 32.48 32.05

Raytheon Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.39 31.11 23.92 23.55 25.55

Competitive Comparison of Raytheon Co's Days Payable

For the Aerospace & Defense subindustry, Raytheon Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Raytheon Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Raytheon Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Raytheon Co's Days Payable falls into.



Raytheon Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Raytheon Co's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (1964 + 1796) / 2 ) / 21413*365
=1880 / 21413*365
=32.05

Raytheon Co's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (1470 + 1796) / 2 ) / 5832*365 / 4
=1633 / 5832*365 / 4
=25.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Raytheon Co Days Payable Related Terms

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Raytheon Co (Raytheon Co) Business Description

Traded in Other Exchanges
N/A
Address
870 Winter Street, Waltham, MA, USA, 02451
Raytheon is a U.S. defense contractor that posted just over $27 billion in sales during 2018. It operates through five segments: integrated defense systems, intelligence and information, missile systems, space and airborne systems, and a cybersecurity business branded Forcepoint. Sales to the U.S. government account for about 70% of consolidated revenue. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.
Executives
William Spivey director
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David C Wajsgras officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Frank R Jimenez officer: VP, General Counsel, Secretary GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Michael J Wood officer: VP, Controller & CAO 870 WINTER STREET, WALTHAM MA 02451
Ellen M Pawlikowski director 870 WINTER STREET, WALTHAM MA 02451
Robert O Work director 870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Roy Azevedo officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Wesley D Kremer officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Thomas A Kennedy director, officer: Chairman and CEO 870 WINTER STREET, WALTHAM MA 02451
George Oliver director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Robert E Beauchamp director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827

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