Reliance Steel & Aluminum Co (RS)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Reliance Steel & Aluminum Co has not been provided in the data for the periods from March 31, 2020, to December 31, 2024. Without this information, it is not possible to calculate or analyze the average number of days of payables for the company during these periods.
The number of days of payables is a significant financial ratio that indicates how long a company takes on average to pay its suppliers or trade payables. It is an important metric for assessing a company's liquidity and efficiency in managing its working capital.
To perform a comprehensive analysis of Reliance Steel & Aluminum Co's number of days of payables, the specific data for each reporting period would be required. This ratio is typically calculated using the formula: Number of Days of Payables = (Accounts Payable / Cost of Goods Sold) * 365.
Without the actual data provided in the JSON, a detailed evaluation of the company's payment practices, liquidity position, and working capital efficiency based on the number of days of payables is not possible at this time.