Allegro Microsystems Inc (ALGM)

Number of days of payables

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Payables turnover		10.42	12.63	7.60	12.11	8.82
Number of days of payables	days	35.04	28.89	48.02	30.15	41.36

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.42
= 35.04

Allegro Microsystems Inc's number of days of payables has exhibited some fluctuations over the past five years. As of March 31, 2021, the company took approximately 41.36 days to settle its payables, indicating a relatively extended period for payment. This figure decreased to 30.15 days by March 31, 2022, signaling a notable improvement in the company's payment efficiency.

However, by March 31, 2023, Allegro Microsystems Inc's number of days of payables increased to 48.02 days, representing a lengthier duration for settling its payables compared to the previous year. The company managed to enhance its payment cycle efficiency by reducing the number of days of payables to 28.89 days as of March 31, 2024. This significant improvement suggests better management of the company's accounts payable.

As of March 31, 2025, Allegro Microsystems Inc's number of days of payables increased slightly to 35.04 days. Overall, the company's payment cycle management has shown varying trends over the analyzed period, reflecting the company's strategies in managing its accounts payable effectively.