Allegro Microsystems Inc (ALGM)

Number of days of payables

Mar 31, 2025 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 Dec 23, 2022 Sep 30, 2022 Sep 23, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Payables turnover 10.42 10.28 8.60 11.10 12.63 12.59 7.33 7.13 8.03 9.20 9.07 9.33 9.84 10.63 12.00 10.25 12.21 9.70 8.51 15.68
Number of days of payables days 35.04 35.52 42.42 32.89 28.90 28.99 49.79 51.16 45.45 39.66 40.25 39.11 37.08 34.34 30.43 35.59 29.89 37.63 42.87 23.28

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 shown fluctuating trends over the years based on the provided data. The number of days of payables represents how long it takes for the company to pay its suppliers or trade payables.

From December 31, 2020, to December 31, 2024, Allegro Microsystems Inc's number of days of payables ranged from a low of 23.28 days to a high of 51.16 days. The trend indicates variability in the company's payment practices and efficiency in managing its payables.

Over this period, significant peaks in the number of days of payables were observed in March 31, 2023, and June 30, 2023, where the company took longer to settle its payables. Conversely, there were periods such as December 31, 2020, and March 31, 2024, where Allegro Microsystems Inc managed to reduce its payables turnover days effectively.

The overall pattern suggests that Allegro Microsystems Inc's payables management may be influenced by seasonal or operational factors. Analyzing the number of days of payables provides insights into the company's liquidity position, supplier relationships, and working capital management strategies.