Sturm Ruger & Company Inc (RGR)
Number of days of payables
| 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 | Mar 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 over the period from December 31, 2020, to December 31, 2024, has shown a fluctuating trend. The number of days of payables was 12.37 days as of December 31, 2020, decreased to 9.88 days as of December 31, 2021, increased to 11.66 days as of December 31, 2022, decreased again to 9.88 days as of December 31, 2023, and rose slightly to 11.41 days as of December 31, 2024.
Overall, the company's number of days of payables has shown some variability but generally remained relatively low during the periods with available data. This indicates that Sturm Ruger & Company Inc typically takes around 9 to 12 days on average to pay its outstanding payables to suppliers or creditors. It is essential for the company to manage its payables effectively to ensure healthy cash flow and maintain positive relationships with its vendors.
Peer comparison
Dec 31, 2024