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Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Days Payable

: 64.55 (As of Dec. 2023)
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Westinghouse Air Brake Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $1,247 Mil. Westinghouse Air Brake Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,762 Mil. Hence, Westinghouse Air Brake Technologies's Days Payable for the three months ended in Dec. 2023 was 64.55.

The historical rank and industry rank for Westinghouse Air Brake Technologies's Days Payable or its related term are showing as below:

WAB' s Days Payable Range Over the Past 10 Years
Min: 53.83   Med: 67.87   Max: 77.27
Current: 69.98

During the past 13 years, Westinghouse Air Brake Technologies's highest Days Payable was 77.27. The lowest was 53.83. And the median was 67.87.

WAB's Days Payable is ranked better than
74.52% of 934 companies
in the Transportation industry
Industry Median: 39.565 vs WAB: 69.98

Westinghouse Air Brake Technologies's Days Payable declined from Dec. 2022 (69.15) to Dec. 2023 (64.55). It may suggest that Westinghouse Air Brake Technologies accelerated paying its suppliers.


Westinghouse Air Brake Technologies Days Payable Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.83 69.60 64.29 72.50 69.15

Westinghouse Air Brake Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 69.15 79.19 72.07 66.18 64.55

Competitive Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies Days Payable Distribution

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Days Payable falls into.



Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies'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
=( (1301 + 1250) / 2 ) / 6733*365
=1275.5 / 6733*365
=69.15

Westinghouse Air Brake Technologies'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
=( (1243 + 1250) / 2 ) / 1762*365 / 4
=1246.5 / 1762*365 / 4
=64.55

* 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.


Westinghouse Air Brake Technologies Days Payable Related Terms

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Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Business Description

Traded in Other Exchanges
Address
30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.
Executives
Kristine Kubacki other: VP, Investor Relations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Michael Fetsko officer: Pres., Freight Components Grp. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Alicia Hammersmith officer: President - Services Group 30 ISABELLA STREET, PITTSBURGH PA 15212
Albert J Neupaver director
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Mastalerz John A Jr officer: VP Fin., Corp. Controller, CAO 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
David L Deninno officer: Exec VP, General Counsel, Sec. 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Byron S Foster director 30 ISABELLA ST., PITTSBURGH PA 15212
Lee C Banks director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44124-4141
Ann R. Klee director 30 ISABELLA ST., PITTSBURGH PA 15212
Eric Gebhardt officer: Chief Technology Officer 30 ISABELLA STREET, PITTSBURGH PA 15212
Gregory Sbrocco officer: Sr. VP, Global Operations 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Lilian Leroux officer: President, Transit Group 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
John A Olin officer: Executive Vice President & CFO HARLEY-DAVIDSON, INC., 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208