General Dynamics (General Dynamics) Days Payable

: 30.01 (As of Dec. 2023)

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General Dynamics's average Accounts Payable for the three months ended in Dec. 2023 was $3,205 Mil. General Dynamics's Cost of Goods Sold for the three months ended in Dec. 2023 was $9,745 Mil. Hence, General Dynamics's Days Payable for the three months ended in Dec. 2023 was 30.01.

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

GD' s Days Payable Range Over the Past 10 Years
Min: 28.72 Med: 35.07 Max: 42.39
Current: 33.67

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.

GD's Days Payable is ranked worse than
85.57% of 298 companies
in the Aerospace & Defense industry
Industry Median: 77.655 vs GD: 33.67

General Dynamics's Days Payable declined from Dec. 2022 (32.90) to Dec. 2023 (30.01). 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.

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General Dynamics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.76

35.31

34.83

36.54

33.29

General Dynamics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															32.90	36.28	35.14	34.19	30.01

Competitive Comparison

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 Days Payable Distribution

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
=	( (3398	+	3095)	/	2 )	/	35600	*	365
=	3246.5					/	35600	*	365
=	33.29

General Dynamics'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
=	( (3315	+	3095)	/	2 )	/	9745	*	365 / 4
=	3205					/	9745	*	365 / 4
=	30.01

General Dynamics Days Payable Related Terms

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General Dynamics (General Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Dynamics Corp (NYSE:GD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1GD:Italy GDX:Germany GDX:Germany GDX:Germany GDBR34:Brazil

Address

11011 Sunset Hills Road, Reston, VA, USA, 20190

Website

https://www.gd.com

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.

Executives

Gregory S Gallopoulos	officer: Senior VP, Gen. Counsel, Sec.	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Phebe N Novakovic	director, officer: Chairman and CEO
Marguerite Amy Gilliland	officer: Senior Vice President	2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Charles W Hooper	director	C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark Malcolm	director	TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Richard D Clarke	director	11011 SUNSET HILLS ROAD, RESTON VA 20190
Mark Lagrand Burns	officer: Vice President	2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Mark C. Roualet	officer: Vice President	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
William A Moss	officer: Vice President and Controller	2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
James S Crown	director	222 N LASALLE STREET, STE 2000, CHICAGO IL 60601
Robert K Steel	director	85 BROAD STREET, NEW YORK NY 10004
William A Osborn	director	100 NE ADAMS STREET, PEORIA IL 61629
Danny Deep	officer: Vice President	11011 SUNSET HILLS ROAD, RESTON VA 20190
John G Stratton	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Lester L Lyles	director	C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432