USANA Health Sciences Inc (USNA)
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 | 35.55 | 59.00 | 63.28 | 51.71 | 43.25 | 47.41 | 48.39 | 43.12 | 41.44 | 45.45 | 46.76 | 43.48 | 36.88 | 36.88 | 33.81 | 30.36 | 15.37 | 13.93 | 17.26 | 15.87 | |
| Number of days of payables | days | 10.27 | 6.19 | 5.77 | 7.06 | 8.44 | 7.70 | 7.54 | 8.47 | 8.81 | 8.03 | 7.81 | 8.39 | 9.90 | 9.90 | 10.80 | 12.02 | 23.75 | 26.21 | 21.15 | 23.00 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 35.55
= 10.27
The number of days of payables for USANA Health Sciences Inc has shown a decreasing trend over the period from March 31, 2020, to December 31, 2024. The company was taking 23.00 days to pay its payables on March 31, 2020, but this number steadily decreased to 10.27 days by December 31, 2024.
A decreasing number of days of payables indicates that the company is taking fewer days to pay its suppliers and vendors, which can be a positive sign. It may suggest efficient management of working capital and cash flow. A lower number of days of payables can also indicate strong vendor relationships and the ability to negotiate favorable payment terms.
USANA's improving number of days of payables over this period could reflect a more effective cash management strategy, streamlined processes, or potentially better inventory management practices. However, it is essential to assess this trend in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial health and operating efficiency.