Analog Devices Inc (ADI)

Number of days of payables

		Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020
Payables turnover		12.26	14.72	15.27	16.81	13.91	11.72	12.17	12.79	12.07	14.89	15.78	14.37	10.46	12.67	11.87	14.33	14.09	14.94	16.60	15.33
Number of days of payables	days	29.78	24.79	23.90	21.71	26.23	31.13	29.99	28.54	30.23	24.51	23.14	25.40	34.91	28.82	30.75	25.47	25.91	24.44	21.99	23.80

November 2, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.26
= 29.78

Analog Devices Inc's number of days of payables has shown some variability over the past few quarters. The company takes, on average, around 26 days to pay its creditors. This indicates that Analog Devices is able to manage its payables effectively, neither delaying payments excessively nor settling them too quickly.

The trend in the number of days of payables does not show a clear pattern, with fluctuations seen throughout the periods analyzed. It is important to monitor this ratio over time to ensure that the company's payment practices remain consistent and in line with industry norms. An increase in the number of days of payables could indicate potential liquidity issues, while a decrease may suggest improved cash flow management.