Rambus Inc (RMBS)
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 | 5.94 | 5.04 | 3.66 | 3.85 | 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 | |
| Number of days of payables | days | 61.40 | 72.37 | 99.80 | 94.78 | 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 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.94
= 61.40
The number of days of payables for Rambus Inc has fluctuated over the reporting periods. From March 31, 2020, to June 30, 2022, there was a downward trend, indicating improvement in the company's ability to pay its suppliers. However, from September 30, 2022, to June 30, 2024, the number of days of payables increased, suggesting a potential slowdown in payment to suppliers. The peak of 99.80 days on June 30, 2024 may be a cause for concern as it indicates the company took a longer time to pay its obligations. The company then managed to reduce this number to 61.40 days by December 31, 2024. It is important for Rambus Inc to monitor its payables days closely to maintain healthy supplier relationships and manage its cash flow effectively.
Peer comparison
Dec 31, 2024