USANA Health Sciences Inc (USNA)
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 | 36.60 | 40.23 | 41.17 | 36.75 | 41.44 | 45.45 | 46.76 | 43.48 | 36.88 | 36.88 | 33.81 | 30.36 | 15.37 | 13.93 | 17.26 | 15.87 | 14.97 | 22.04 | 16.57 | 16.86 | |
| Number of days of payables | days | 9.97 | 9.07 | 8.87 | 9.93 | 8.81 | 8.03 | 7.81 | 8.39 | 9.90 | 9.90 | 10.80 | 12.02 | 23.75 | 26.21 | 21.15 | 23.00 | 24.38 | 16.56 | 22.03 | 21.65 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 36.60
= 9.97
USANA Health Sciences Inc's number of days of payables has shown a decreasing trend over the most recent quarters, indicating an improvement in the efficiency of managing its accounts payable. As of December 31, 2023, the company took approximately 9.97 days to pay its suppliers, compared to 8.81 days in the same period of the previous year. This suggests that the company is managing its payables more effectively in the most recent quarter. It is essential to monitor this ratio over time to ensure that the company's payment practices remain stable and in line with industry standards.