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CARR (Carrier Global) Days Payable : 66.18 (As of Mar. 2025)


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What is Carrier Global Days Payable?

Carrier Global's average Accounts Payable for the three months ended in Mar. 2025 was $2,737 Mil. Carrier Global's Cost of Goods Sold for the three months ended in Mar. 2025 was $3,773 Mil. Hence, Carrier Global's Days Payable for the three months ended in Mar. 2025 was 66.18.

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

CARR' s Days Payable Range Over the Past 10 Years
Min: 50.44   Med: 53.76   Max: 72.59
Current: 63.65

During the past 8 years, Carrier Global's highest Days Payable was 72.59. The lowest was 50.44. And the median was 53.76.

CARR's Days Payable is ranked worse than
61.36% of 1682 companies
in the Construction industry
Industry Median: 79.935 vs CARR: 63.65

Carrier Global's Days Payable increased from Mar. 2024 (62.83) to Mar. 2025 (66.18). It may suggest that Carrier Global delayed paying its suppliers.


Carrier Global Days Payable Historical Data

The historical data trend for Carrier Global'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.

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Carrier Global Days Payable Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 53.76 53.25 72.59 70.36 54.63

Carrier Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 62.83 59.32 63.67 63.41 66.18

Competitive Comparison of Carrier Global's Days Payable

For the Building Products & Equipment subindustry, Carrier Global'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.


Carrier Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carrier Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Carrier Global's Days Payable falls into.


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Carrier Global 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.

Carrier Global's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2483 + 2458) / 2 ) / 16505*365
=2470.5 / 16505*365
=54.63

Carrier Global's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (2458 + 3015) / 2 ) / 3773*365 / 4
=2736.5 / 3773*365 / 4
=66.18

* 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.


Carrier Global Days Payable Related Terms

Thank you for viewing the detailed overview of Carrier Global's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Carrier Global Business Description

Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global provides HVAC and refrigeration products and services that serve the global residential, commercial, and transportation markets. The company's HVAC businesses account for approximately 85% of consolidated revenue, with residential and light commercial HVAC and commercial HVAC representing about 60% and 25% of total revenue, respectively. Carrier's refrigeration segment, which accounts for approximately 15% of consolidated revenue, consists of its transportation refrigeration and Sensitech supply chain monitoring products and services.
Executives
Kyle Crockett officer: Vice President, Controller 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Kevin J. O'connor officer: VP, Chief Legal Officer 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Ajay Agrawal officer: VP, Strategy & Services 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Nadia Villeneuve officer: See Remarks 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Jurgen Timperman officer: President, Fire & Security 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David L. Gitlin officer: President and CEO UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Susan N Story director ONE ENERGY PLACE, PENSCOLA FL 32520
Timothy N White officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Christopher John Nelson officer: President, HVAC 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David Appel officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS GA 33418
Beth Wozniak director 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Patrick P. Goris officer: Senior Vice President & CFO 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John J Greisch director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Michael M Mcnamara director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
John V Faraci director, officer: Executive Chairman C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921