RBC Bearings Incorporated (RBC)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.58 | 7.66 | 5.89 | 3.69 | 10.32 | |
| Number of days of payables | days | 55.50 | 47.67 | 61.98 | 98.81 | 35.38 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.58
= 55.50
The number of days of payables for RBC Bearings Incorporated has fluctuated over the past five years. In March 2021, the company took approximately 35.38 days on average to pay its suppliers. This number increased significantly to 98.81 days by March 2022, indicating a potential slowdown in payment activities.
By March 2023, the number of days of payables decreased to 61.98 days, suggesting an improvement in the company's payment efficiency. Subsequently, in March 2024, the number further declined to 47.67 days, indicating a more prompt payment cycle compared to the previous year.
In the most recent financial period ending March 31, 2025, the number of days of payables increased to 55.50 days. While this represents a slight increase, it is still lower than the peak observed in 2022.
Overall, the trend in the number of days of payables for RBC Bearings Incorporated shows fluctuations, with periods of both longer and shorter payment cycles. This metric is important for assessing the company's cash management practices and relationships with suppliers.
Peer comparison
Mar 31, 2025