Applied Materials Inc (AMAT)
Number of days of payables
Oct 31, 2024 | Oct 27, 2024 | Oct 31, 2023 | Oct 29, 2023 | Oct 31, 2022 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 10.49 | — | 11.01 | — | |
Number of days of payables | days | — | 34.80 | — | 33.15 | — |
October 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Applied Materials Inc varied over the periods analyzed. As of October 29, 2023, the company took approximately 33.15 days to pay its liabilities to suppliers. This suggests a moderate efficiency in managing its payables during that period.
Subsequently, by October 27, 2024, the number of days of payables increased to around 34.80 days. This indicates a slightly longer period taken by the company to settle its payables compared to the previous year.
For other periods, the specific number of days of payables was not provided. Therefore, further analysis or additional data would be required to assess the efficiency of Applied Materials Inc in managing its payables during those specific periods.
Peer comparison
Oct 31, 2024