Brunswick Corporation (BC)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 9.91 | 8.64 | 7.08 | 6.85 | 7.59 | |
| Number of days of payables | days | 36.81 | 42.25 | 51.54 | 53.29 | 48.08 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.91
= 36.81
The number of days of payables for Brunswick Corp. has shown a fluctuating trend over the past five years. In 2023, the company had 44.14 days of payables, a decrease from 49.71 days in 2022. This indicates that the company took fewer days to pay its suppliers in 2023 compared to the previous year.
Looking further back, the number of days of payables was highest in 2021 at 60.55 days, showing an increase from 53.29 days in 2020. However, in 2019, the number of days of payables was lower at 48.08 days.
Overall, Brunswick Corp.'s number of days of payables has been somewhat inconsistent, with fluctuations observed annually. It is important to monitor this ratio to understand the company's payment practices and relationships with suppliers.
Peer comparison
Dec 31, 2023