B&G Foods Inc (BGS)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Payables turnover 14.33 9.68 14.79 14.19 14.91 11.00 14.73 15.53 16.21 9.05 11.86 12.48 14.32 8.77 14.41 13.95 13.37 8.90 12.88 14.41
Number of days of payables days 25.47 37.71 24.68 25.72 24.48 33.19 24.79 23.51 22.51 40.34 30.76 29.26 25.48 41.64 25.33 26.17 27.31 41.01 28.35 25.34

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.33
= 25.47

B&G Foods Inc's number of days of payables has shown fluctuations over the periods provided in the data. The number of days of payables, which represents how long it takes the company to pay its suppliers, ranged from a low of 22.51 days on December 31, 2022, to a high of 41.64 days on September 30, 2021.

The trend in the number of days of payables indicates that the company's payment behavior towards its suppliers has varied over time. There was an increasing trend observed from September 2020 to September 2021, where the number of days of payables increased by around 16 days. Subsequently, there was a slight decrease by December 2021 but followed by an increase by June 2022.

From December 2022 onwards, there was a general decreasing trend in the number of days of payables, but there were occasional fluctuations. It's essential for investors and stakeholders to monitor these metrics as they provide insights into the company's liquidity management and relationships with suppliers.