Sturm Ruger & Company Inc (RGR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 31.98 | 36.95 | 31.30 | 36.95 | 29.50 | |
| Number of days of payables | days | 11.41 | 9.88 | 11.66 | 9.88 | 12.37 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.98
= 11.41
The number of days of payables for Sturm Ruger & Company Inc has shown a fluctuating trend over the years. As of December 31, 2020, the company took approximately 12.37 days to pay its suppliers, which decreased to 9.88 days by December 31, 2021. The number of days increased slightly to 11.66 days by December 31, 2022, before dropping back to 9.88 days by December 31, 2023. As of December 31, 2024, the number of days of payables stood at 11.41 days.
Overall, the company appears to be managing its payables efficiently as the number of days to pay suppliers is relatively low, indicating that Sturm Ruger & Company Inc tends to settle its obligations in a timely manner. However, the fluctuations in this ratio over the years suggest some variability in the company's payment practices and its ability to manage working capital effectively.
Peer comparison
Dec 31, 2024