Willis Towers Watson (LTS:0Y4Q) Days Payable : 72.96 (As of Mar. 2024)

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What is Willis Towers Watson Days Payable?

Willis Towers Watson's average Accounts Payable for the three months ended in Mar. 2024 was $1,073 Mil. Willis Towers Watson's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,342 Mil. Hence, Willis Towers Watson's Days Payable for the three months ended in Mar. 2024 was 72.96.

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

LTS:0Y4Q' 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.

LTS:0Y4Q's Days Payable is ranked better than
55.1% of 49 companies
in the Insurance industry
Industry Median: 48.44 vs LTS:0Y4Q: 69.43

Willis Towers Watson's Days Payable increased from Mar. 2023 (68.70) to Mar. 2024 (72.96). 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.

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Willis Towers Watson Days Payable Chart

Willis Towers Watson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.28

60.62

60.97

67.49

69.94

Willis Towers Watson 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															68.70	68.35	68.22	73.90	72.96

Competitive Comparison of Willis Towers Watson's Days Payable

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's Days Payable Distribution in the Insurance Industry

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 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
=	( (1073	+	0)	/	1 )	/	1342	*	365 / 4
=	1073					/	1342	*	365 / 4
=	72.96

Willis Towers Watson Days Payable Related Terms

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Willis Towers Watson (LTS:0Y4Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (LTS:0Y4Q) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WTW:USA WTW:Mexico W1LT34:Brazil

Address

C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ

Website

https://www.willistowerswatson.com

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.

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