Applied Materials Inc (AMAT)

Number of days of payables

		Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020	Jan 26, 2020
Payables turnover		10.38	10.98	10.98	11.29	10.85	11.23	10.99	9.84	8.82	8.84	9.35	9.41	8.97	9.29	8.75	9.67	8.80	8.11	8.13	8.09
Number of days of payables	days	35.16	33.24	33.24	32.32	33.65	32.50	33.22	37.11	41.40	41.27	39.05	38.79	40.69	39.31	41.70	37.75	41.47	44.98	44.88	45.12

October 27, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.38
= 35.16

The number of days of payables for Applied Materials Inc has shown some variability over the past few quarters. The company's payables period fluctuated between 32.32 days to 45.12 days over the last four quarters, with an average of around 38 days.

A lower number of days of payables indicates that the company is taking longer to pay its suppliers, potentially signaling good liquidity and cash management. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its outstanding obligations, potentially straining relationships with suppliers.

It is important for stakeholders to monitor changes in the number of days of payables to assess the company's working capital management, supplier relationships, and overall financial health.