GTX (Garrett Motion) Days Payable : 128.74 (As of Dec. 2024)

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What is Garrett Motion Days Payable?

Garrett Motion's average Accounts Payable for the three months ended in Dec. 2024 was $934 Mil. Garrett Motion's Cost of Goods Sold for the three months ended in Dec. 2024 was $662 Mil. Hence, Garrett Motion's Days Payable for the three months ended in Dec. 2024 was 128.74.

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

GTX' s Days Payable Range Over the Past 10 Years
Min: 113.59 Med: 126.3 Max: 148.34
Current: 130.58

During the past 10 years, Garrett Motion's highest Days Payable was 148.34. The lowest was 113.59. And the median was 126.30.

GTX's Days Payable is ranked better than
81.7% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 65.32 vs GTX: 130.58

Garrett Motion's Days Payable declined from Dec. 2023 (129.15) to Dec. 2024 (128.74). It may suggest that Garrett Motion accelerated paying its suppliers.

Garrett Motion Days Payable Historical Data

The historical data trend for Garrett Motion'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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Garrett Motion Days Payable Chart

Garrett Motion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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148.34

126.30

128.38

123.73

134.80

Garrett Motion Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															129.15	129.14	130.27	129.96	128.74

Competitive Comparison of Garrett Motion's Days Payable

For the Auto Parts subindustry, Garrett Motion'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.

Garrett Motion's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Garrett Motion's Days Payable distribution charts can be found below:

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

Garrett Motion 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.

Garrett Motion'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
=	( (1074	+	972)	/	2 )	/	2770	*	365
=	1023					/	2770	*	365
=	134.80

Garrett Motion's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (896	+	972)	/	2 )	/	662	*	365 / 4
=	934					/	662	*	365 / 4
=	128.74

Garrett Motion Days Payable Related Terms

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

Garrett Motion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Garrett Motion Inc (NAS:GTX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

G02:Germany

Address

La Piece 16, Rolle, CHE, 1180

Website

https://www.garrettmotion.com

Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network. The company derives maximum of its revenue from Gas and geographically from Europe.

Executives

Thierry Mabru	officer: SVP, Integrated Supply Chain	LA PIECE 16, ROLLE V8 1180
Julia Steyn	director	C/O GARRETT MOTION INC., LA PIECE 16, ROLLE V8 1180
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Centerbridge Special Credit Partners Iii-flex, L.p.	10 percent owner	375 PARK AVENUE, 12TH AVENUE, NEW YORK NY 10152
Sessa Capital Gp, Llc	other: Member of 10% owner group	888 SEVENTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Pierre Barthelet	officer: SVP, Marketing & Prod Mgmt	C/O GARRETT MOTION INC., LA PIECE 16, ROLLE V8 1180
Baupost Group Llc/ma	10 percent owner	10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
Cscp Iii Cayman Gp Ltd.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Baupost Group Gp, L.l.c.	10 percent owner	10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Seth A Klarman	10 percent owner	10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Centerbridge Credit Cayman Gp, Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners Master, L.p.	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners Offshore General Partner, L.p.	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Special Credit Partners General Partner Iii, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152