BorgWarner Inc

NYSE BWA

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BorgWarner Inc Payables Turnover 1 year YoY Change (%) for the quarter ending March 31, 2024: -3.18%

BorgWarner Inc Payables Turnover 1 year YoY Change (%) is -3.18% for the quarter ending March 31, 2024, a -379.77% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • BorgWarner Inc Payables Turnover for the quarter ending March 31, 2023 was 1.28, a 1.14% change year over year.
  • BorgWarner Inc Payables Turnover for the quarter ending March 31, 2022 was 1.27, a -1.31% change year over year.
  • BorgWarner Inc Payables Turnover for the quarter ending March 31, 2021 was 1.28, a 25.68% change year over year.
  • BorgWarner Inc Payables Turnover for the quarter ending March 31, 2020 was 1.02, a 2.62% change year over year.
NYSE: BWA

BorgWarner Inc

CEO Mr. Frederic B. Lissalde
IPO Date Aug. 12, 1993
Location United States
Headquarters 3850 Hamlin Road, Auburn Hills, MI, United States, 48326
Employees 39,900
Sector Consumer Cyclical
Industry Auto parts
Description

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging. The company provides power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products. It sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles, such as agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. The company was formerly known as Borg-Warner Automotive, Inc. BorgWarner Inc. was incorporated in 1987 and is headquartered in Auburn Hills, Michigan.

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StockViz Staff

September 19, 2024

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