Rambus Inc (RMBS)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		5.72	7.19	6.55	6.45	4.34	4.51	4.13	4.85	6.24	4.98	7.01	7.97	6.76	4.64	4.22	3.56	5.38	6.51	7.02	6.38
Number of days of payables	days	63.79	50.79	55.69	56.59	84.19	81.01	88.36	75.19	58.48	73.33	52.04	45.77	54.03	78.59	86.44	102.41	67.84	56.11	51.99	57.22

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.72
= 63.79

The analysis of Rambus Inc.'s number of days of payables reveals fluctuations over the past eight quarters. In the most recent quarter (Q4 2023), the company took an average of 73.38 days to pay its payables, indicating a slightly longer payment period compared to the previous quarter (Q3 2023) where the average was 58.02 days.

The trend over the past year shows some variability in the number of days of payables, with peaks in Q4 2022 (96.72 days) and Q2 2022 (106.52 days), suggesting extended payment terms during those periods. However, the number of days of payables in Q4 2023 seems to have improved compared to the same quarter in the previous year (Q4 2022).

Overall, monitoring the number of days of payables can provide insights into Rambus Inc.'s liquidity management and payment practices, signaling potential changes in the company's relationship with its suppliers.