RBC Bearings Incorporated (RBC)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 910,200 | 889,800 | 864,543 | 585,869 | 374,878 |
| Payables | US$ in thousands | 138,400 | 116,200 | 146,800 | 158,600 | 36,336 |
| Payables turnover | 6.58 | 7.66 | 5.89 | 3.69 | 10.32 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $910,200K ÷ $138,400K
= 6.58
The payables turnover ratio for RBC Bearings Incorporated has shown variations over the past five years. In March 2021, the payables turnover was 10.32, indicating that the company took approximately 10.32 times to repay its suppliers during that period. However, there was a significant decrease in the payables turnover ratio to 3.69 in March 2022, which suggests a longer payment cycle or a potential issue with managing payables efficiently.
Subsequently, the payables turnover ratio improved in March 2023 to 5.89, indicating that the company was paying its suppliers at a faster rate compared to the previous year. In March 2024, there was a further increase in the payables turnover ratio to 7.66, showing an enhanced efficiency in managing payables.
However, in March 2025, the payables turnover ratio decreased slightly to 6.58, which might indicate a slight slowdown in the company's payables management compared to the previous year. Overall, analyzing the trend in payables turnover can provide insights into the company's ability to manage its supplier payments effectively and optimize its working capital management.
Peer comparison
Mar 31, 2025