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Textron Days Payable

: 50.54 (As of Mar. 2020)
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Textron's Accounts Payable for the three months ended in Mar. 2020 was $1,322 Mil. Textron's Cost of Goods Sold for the three months ended in Mar. 2020 was $2,387 Mil. Hence, Textron's Days Payable for the three months ended in Mar. 2020 was 50.54.

NYSE:TXT' s Days Payable Range Over the Past 10 Years
Min: 26.38   Med: 36.27   Max: 44.1
Current: 43.02

26.38
44.1

During the past 13 years, Textron's highest Days Payable was 44.10. The lowest was 26.38. And the median was 36.27.

NYSE:TXT's Days Payable is ranked lower than
71% of the 227 Companies
in the Aerospace & Defense industry.

( Industry Median: 75.05 vs. NYSE:TXT: 43.02 )

Textron's Days Payable increased from Mar. 2019 (40.61) to Mar. 2020 (50.54). It may suggest that Textron delayed paying its suppliers.


Textron Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Textron Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.34 40.98 37.19 34.60 44.10

Textron Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 40.61 42.53 40.73 36.54 50.54

Competitive Comparison
* 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.


Textron Days Payable Distribution

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



Textron 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.

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

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=1378/11406*365
=44.10

Textron's Days Payable for the quarter that ended in Mar. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=1322/2387*365 / 4
=50.54

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Textron Days Payable Related Terms


Textron Days Payable Headlines

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