You measure from the muzzle to the front of the bolt when it's closed. So yes, you include most of the receiver ring.

Here's a 24" barrel on my 99A in 300 Savage. It's a bit later than your rifle, as can be seen by the front sight ramp. That started around serial number 300,000.

[Linked Image from i.imgur.com]


The Savage 99 Pocket Reference”.
All models and variations of 1895’s, 1899’s and 99’s covered.
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