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Honeywell International (FRA:ALD) Days Payable : 98.72 (As of Dec. 2023)


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What is Honeywell International Days Payable?

Honeywell International's average Accounts Payable for the three months ended in Dec. 2023 was €6,152 Mil. Honeywell International's Cost of Goods Sold for the three months ended in Dec. 2023 was €5,686 Mil. Hence, Honeywell International's Days Payable for the three months ended in Dec. 2023 was 98.72.

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

FRA:ALD' s Days Payable Range Over the Past 10 Years
Min: 66.42   Med: 82.3   Max: 104.64
Current: 103.16

During the past 13 years, Honeywell International's highest Days Payable was 104.64. The lowest was 66.42. And the median was 82.30.

FRA:ALD's Days Payable is ranked better than
73.56% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs FRA:ALD: 103.16

Honeywell International's Days Payable declined from Dec. 2022 (101.82) to Dec. 2023 (98.72). It may suggest that Honeywell International accelerated paying its suppliers.


Honeywell International Days Payable Historical Data

The historical data trend for Honeywell International'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.

Honeywell International Days Payable Chart

Honeywell International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.03 98.98 97.82 101.33 106.07

Honeywell International 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 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 101.82 106.55 105.14 102.81 98.72

Competitive Comparison of Honeywell International's Days Payable

For the Conglomerates subindustry, Honeywell International'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.


Honeywell International's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Days Payable distribution charts can be found below:

* The bar in red indicates where Honeywell International's Days Payable falls into.



Honeywell International 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.

Honeywell International'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
=( (5974.576 + 6280.533) / 2 ) / 21086.415*365
=6127.5545 / 21086.415*365
=106.07

Honeywell International'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
=( (6023.036 + 6280.533) / 2 ) / 5686.317*365 / 4
=6151.7845 / 5686.317*365 / 4
=98.72

* 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.


Honeywell International Days Payable Related Terms

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Honeywell International (FRA:ALD) Business Description

Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

Honeywell International (FRA:ALD) Headlines

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