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Willis Towers Watson (Willis Towers Watson) Days Payable

: 73.90 (As of Dec. 2023)
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Willis Towers Watson's average Accounts Payable for the three months ended in Dec. 2023 was $1,073 Mil. Willis Towers Watson's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,325 Mil. Hence, Willis Towers Watson's Days Payable for the three months ended in Dec. 2023 was 73.90.

The historical rank and industry rank for Willis Towers Watson's Days Payable or its related term are showing as below:

WTW' s Days Payable Range Over the Past 10 Years
Min: 7.23   Med: 57.12   Max: 69.94
Current: 69.43

During the past 13 years, Willis Towers Watson's highest Days Payable was 69.94. The lowest was 7.23. And the median was 57.12.

WTW's Days Payable is ranked better than
53.06% of 49 companies
in the Insurance industry
Industry Median: 57.6 vs WTW: 69.43

Willis Towers Watson's Days Payable increased from Dec. 2022 (66.87) to Dec. 2023 (73.90). It may suggest that Willis Towers Watson delayed paying its suppliers.


Willis Towers Watson Days Payable Historical Data

The historical data trend for Willis Towers Watson'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.

Willis Towers Watson 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 57.28 60.62 60.97 67.49 69.94

Willis Towers Watson 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 66.87 68.70 68.35 68.22 73.90

Competitive Comparison

For the Insurance Brokers subindustry, Willis Towers Watson'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.


Willis Towers Watson Days Payable Distribution

For the Insurance industry and Financial Services sector, Willis Towers Watson's Days Payable distribution charts can be found below:

* The bar in red indicates where Willis Towers Watson's Days Payable falls into.



Willis Towers Watson 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.

Willis Towers Watson'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
=( (975 + 1073) / 2 ) / 5344*365
=1024 / 5344*365
=69.94

Willis Towers Watson'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
=( (0 + 1073) / 1 ) / 1325*365 / 4
=1073 / 1325*365 / 4
=73.90

* 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.


Willis Towers Watson Days Payable Related Terms

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Willis Towers Watson (Willis Towers Watson) Business Description

Traded in Other Exchanges
Address
C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ
In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company. The company operates in two business segments: health, wealth, and career (its consulting operations) and risk and brokering (its brokerage operations). It has about 47,000 employees.
Executives
Pamela Thomson-hall officer: Head of International 51 LIME STREET, LONDON X0 EC3M 7DQ
Anne Pullum officer: Head of Strategy and CAO C/O WILLIS TOWERS WATSON, 200 LIBERTY ST, 7TH FLOOR, NEW YORK NY 10281
Julie Jarecke Gebauer officer: Head of Human Capital&Benefits JUPITER SATURN HOLDING CO, 875 THIRD AVENUE, NEW YORK NY 10022
Fredric J Tomczyk director TORONTO DOMINION CENTRE, PO BOX 1, TORONTO A6 M5K IA2
Stephen M. Chipman director 3101 DREXEL DRIVE, DALLAS TX 75205
Jacqueline Hunt director 53 SOUTH GREEN, MATTISHALL, NORFOLK X0 N220 3JY
Anne Donovan Bodnar officer: Head of Human Resources 901 N. GLEBE ROAD, ARLINGTON VA 22203
Gene H Wickes officer: Head of Exchange Solutions 901 N GLEBE ROAD, ARLINGTON VA 22203
Brendan R Oneill director C/O IMPERIAL CHEMICAL INDUSTRIES PLC, 20 MANCHESTER SQUARE, LONDON X0 W1U 3AN
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Alexis Faber officer: Chief Operating Officer 3340 PLAYERS CLUB PARKWAY, SUITE 200, MEMPHIS TN 38125
Andrew Jay Krasner officer: Chief Financial Officer 1450 BRICKELL AVENUE, SUITE 1600, MIAMI FL 33131
Fumbi F. Chima director 44 THORNBURY CT., 36-38 CHEPSTOW VILLAS, LONDON X0 WII 2RE
Michelle R Swanback director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

Willis Towers Watson (Willis Towers Watson) Headlines