Boeing Co (Boeing Co) Days Payable

: 54.57 (As of Dec. 2023)

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Boeing Co's average Accounts Payable for the three months ended in Dec. 2023 was $11,554 Mil. Boeing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $19,321 Mil. Hence, Boeing Co's Days Payable for the three months ended in Dec. 2023 was 54.57.

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

BA' s Days Payable Range Over the Past 10 Years
Min: 47.73 Med: 56.28 Max: 81.42
Current: 56.8

During the past 13 years, Boeing Co's highest Days Payable was 81.42. The lowest was 47.73. And the median was 56.28.

BA's Days Payable is ranked worse than
60.74% of 298 companies
in the Aerospace & Defense industry
Industry Median: 77.655 vs BA: 56.80

Boeing Co's Days Payable increased from Dec. 2022 (50.35) to Dec. 2023 (54.57). It may suggest that Boeing Co delayed paying its suppliers.

Boeing Co Days Payable Historical Data

The historical data trend for Boeing 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.

Boeing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.07

81.42

68.36

56.31

57.73

Boeing Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.35	58.39	54.33	59.47	54.57

Competitive Comparison

For the Aerospace & Defense subindustry, Boeing 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.

Boeing Co Days Payable Distribution

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

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

Boeing 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.

Boeing Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (10200	+	11964)	/	2 )	/	70070	*	365
=	11082					/	70070	*	365
=	57.73

Boeing Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11143	+	11964)	/	2 )	/	19321	*	365 / 4
=	11553.5					/	19321	*	365 / 4
=	54.57

Boeing Co Days Payable Related Terms

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Boeing Co (Boeing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (NYSE:BA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BA:Peru BA:Mexico BA_KZ:Kazakhstan 1BA:Italy BCOd:UK 0BOE:UK BCO0:Germany BCO:Germany BCO:Germany BCO:Germany BCO:Germany BA:Chile BA:Canada BOEI34:Brazil BA:Austria BA:Argentina

Address

929 Long Bridge Drive, Arlington, VA, USA, 22202

Website

https://www.boeing.com

Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

Executives

Theodore Iii Colbert	officer: CIO & SVP, Info & Analytics	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Steven M Mollenkopf	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Howard E Mckenzie	officer: Chief Engineer & EVP, ET&T	C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Sabrina Soussan	director	BUHLMATTSTRASSE 3, MEGGEN V8 6045
Stephen E Biegun	officer: SVP, Global Public Policy	C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Michael J Cleary	officer: Controller	C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Brendan J. Nelson	officer: President, Boeing Intn'l	C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
David L Calhoun	director
Brian R Besanceney	officer: SVP, Chief Comm Officer	C/O THE BOEING COMPANY, 100 N. RIVERSIDE, MC 5003-1001, CHICAGO IL 60606-1596
David L. Gitlin	director	UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephanie F Pope	officer: President & CEO, BGS	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Lawrence W Kellner	director	1600 SMITH ST., HQSEO, HOUSTON TX 77002
Edward Lee Dandridge	officer: SVP, Communications	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Ziad S Ojakli	officer: EVP, Gov't Ops	FORD MOTOR COMPANY, 1350 I ST. NW, WASHINGTON D.C. DC 20005
David Leon Joyce	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210