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General Dynamics (FRA:GDX) Days Payable : 31.64 (As of Mar. 2024)


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What is General Dynamics Days Payable?

General Dynamics's average Accounts Payable for the three months ended in Mar. 2024 was €2,892 Mil. General Dynamics's Cost of Goods Sold for the three months ended in Mar. 2024 was €8,343 Mil. Hence, General Dynamics's Days Payable for the three months ended in Mar. 2024 was 31.64.

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

FRA:GDX' s Days Payable Range Over the Past 10 Years
Min: 28.72   Med: 35.07   Max: 42.39
Current: 32.62

During the past 13 years, General Dynamics's highest Days Payable was 42.39. The lowest was 28.72. And the median was 35.07.

FRA:GDX's Days Payable is ranked worse than
88.59% of 298 companies
in the Aerospace & Defense industry
Industry Median: 75.38 vs FRA:GDX: 32.62

General Dynamics's Days Payable declined from Mar. 2023 (36.48) to Mar. 2024 (31.64). It may suggest that General Dynamics accelerated paying its suppliers.


General Dynamics Days Payable Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Days Payable Chart

General Dynamics 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 35.34 37.04 33.63 35.44 33.80

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.48 35.35 33.94 30.35 31.64

Competitive Comparison of General Dynamics's Days Payable

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Days Payable distribution charts can be found below:

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



General Dynamics 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.

General Dynamics'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
=( (3207.712 + 2838.115) / 2 ) / 32645.2*365
=3022.9135 / 32645.2*365
=33.80

General Dynamics's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2838.115 + 2946.76) / 2 ) / 8342.56*365 / 4
=2892.4375 / 8342.56*365 / 4
=31.64

* 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.


General Dynamics Days Payable Related Terms

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General Dynamics (FRA:GDX) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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