Bellring Brands LLC (BRBR)

Number of days of payables

		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	Dec 31, 2019
Payables turnover		10.65	11.02	12.17	12.90	12.77	11.18	9.68	10.34	10.12	7.98	10.73	12.20	9.37	7.43	7.85	10.03	11.47
Number of days of payables	days	34.27	33.11	30.00	28.29	28.58	32.66	37.70	35.29	36.05	45.74	34.01	29.91	38.96	49.14	46.53	36.39	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 shown some fluctuations over the past few quarters. As of September 30, 2024, the company takes approximately 34.27 days to pay its payables, which is relatively consistent with the previous quarter.

Looking back over the past year, there has been a range in the number of days of payables, indicating potential changes in the company's payment practices or relationships with suppliers. The trend appears to have been relatively stable, with some peaks and troughs along the way.

Analyzing the historical data, it is observed that the number of days of payables has ranged from a low of 28.29 days in December 2023 to a high of 49.14 days in June 2021. This fluctuation may be influenced by various factors such as changes in supplier terms, company cash flows, or strategic decisions regarding working capital management.

Overall, while the number of days of payables for Bellring Brands LLC has varied over time, the recent figures suggest a relatively stable payment pattern in the short term. It would be important for stakeholders to continue monitoring this metric to understand any potential shifts in the company's financial management strategies.