Brunswick Corporation (BC)
Number of days of payables
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.51 | 11.05 | 9.98 | 9.33 | 8.64 | 8.90 | 8.39 | 7.81 | 7.08 | 7.56 | 7.02 | 6.74 | 6.85 | 7.61 | 8.63 | 8.01 | 7.59 | 8.70 | 7.48 | 7.42 | |
| Number of days of payables | days | 38.40 | 33.02 | 36.58 | 39.12 | 42.25 | 41.03 | 43.49 | 46.71 | 51.54 | 48.25 | 51.98 | 54.17 | 53.29 | 47.95 | 42.28 | 45.57 | 48.08 | 41.97 | 48.79 | 49.19 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.51
= 38.40
Based on the data provided, Brunswick Corp.'s number of days of payables has shown some fluctuations over the past eight quarters. The average number of days of payables over this period is approximately 45 days.
In Q4 2023, the number of days of payables decreased to 44.14 days compared to the prior quarter. This suggests that Brunswick Corp. took slightly longer to pay off its obligations in this quarter. However, the company's payables turnover improved from Q3 2023, indicating potential efficiency in managing its payables.
Comparing the data with the same quarter in the previous year, there has been a reduction in the number of days of payables. Brunswick Corp. managed to pay off its obligations quicker in Q4 2023 compared to Q4 2022, which could imply better working capital management.
Overall, Brunswick Corp.'s number of days of payables fluctuates within a reasonable range and is a key indicator of the company's payment practices and liquidity position. Further analysis of the company's cash flow and working capital management could provide more insights into its financial health and operational efficiency.
Peer comparison
Dec 31, 2023