RBC Bearings Incorporated (RBC)
Number of days of payables
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 6.58 | 7.06 | 7.32 | 7.42 | 8.26 | 7.56 | 6.95 | 6.35 | 6.01 | 6.40 | 5.66 | 4.47 | 3.69 | 3.29 | 7.96 | 7.78 | 10.32 | 9.67 | 10.16 | 8.17 | |
Number of days of payables | days | 55.50 | 51.68 | 49.84 | 49.20 | 44.17 | 48.28 | 52.55 | 57.52 | 60.76 | 57.01 | 64.43 | 81.62 | 98.81 | 110.83 | 45.84 | 46.92 | 35.38 | 37.73 | 35.92 | 44.67 |
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 shown some fluctuations over the past few years.
From June 30, 2020, to December 31, 2021, the number of days of payables ranged from around 35 to 110 days, indicating potential variations in the company's payment practices and the timing of its payables.
However, from March 31, 2022, onwards, the number of days of payables declined significantly, reaching a low of 44.17 days as of March 31, 2024. This decrease suggests that the company may have become more efficient in managing its payables, potentially negotiating better terms with suppliers or improving internal processes related to payment timing.
Subsequently, the number of days of payables slightly increased to around 55 days as of March 31, 2025, which could indicate a shift in payment patterns or changes in the company's operations.
Overall, monitoring the trend in the number of days of payables can provide insights into RBC Bearings' liquidity management, supplier relationships, and operational efficiency.
Peer comparison
Mar 31, 2025