Bellring Brands LLC (BRBR)
Number of days of payables
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 10.65 | 12.77 | 10.12 | 9.37 | 11.47 | |
| Number of days of payables | days | 34.27 | 28.58 | 36.05 | 38.96 | 31.82 |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.65
= 34.27
The number of days of payables for Bellring Brands LLC has fluctuated over the past five years. In the latest fiscal year ended on September 30, 2024, the company took, on average, approximately 34.27 days to pay its trade payables. This represents an increase compared to the previous year when the number of days of payables was 28.58 days.
Looking back further, we observe that in the fiscal year ended September 30, 2022, Bellring Brands LLC took approximately 36.05 days to pay its trade payables. This was higher than the number of days in the subsequent years. In the fiscal years 2021 and 2020, the company's number of days of payables were 38.96 days and 31.82 days, respectively.
The trend indicates some variability in the company's payment practices to its suppliers over the years, potentially influenced by factors such as changes in the company's working capital management strategy, supplier agreements, or economic conditions. Analyzing this metric in conjunction with other financial ratios and operational data could provide further insights into Bellring Brands LLC's liquidity, efficiency, and overall financial health.
Peer comparison
Sep 30, 2024