Amcor PLC (AMCR)
Number of days of payables
| Jun 30, 2025 | 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 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.49 | 4.60 | 4.54 | 4.55 | 4.24 | 5.06 | 4.86 | 5.29 | 4.45 | 4.80 | 4.35 | 4.23 | 3.82 | 4.02 | 3.96 | 4.33 | 3.94 | 4.96 | 4.69 | 5.41 | |
| Number of days of payables | days | 104.63 | 79.28 | 80.37 | 80.26 | 86.17 | 72.19 | 75.03 | 69.06 | 82.03 | 76.05 | 83.90 | 86.37 | 95.67 | 90.81 | 92.14 | 84.20 | 92.75 | 73.64 | 77.90 | 67.47 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.49
= 104.63
The analysis of Amcor PLC’s number of days of payables over the period from September 2020 to June 2025 demonstrates notable fluctuations, reflecting changes in the company's accounts payable management and liquidity strategy.
From September 2020 to September 2021, the number of days of payables showed an increasing trend, rising from approximately 67.5 days to a peak of around 92.75 days in June 2021. This suggests that during this period, the company extended its payment terms, possibly to optimize cash flow or respond to supplier negotiations, thereby delaying payments to suppliers.
Following this peak, there was a gradual decline in the payable days, with a notable decrease to approximately 69.06 days by September 2023. This reduction indicates a possible tightening of payables management or improved cash flow position, leading the company to settle liabilities more promptly.
However, in the subsequent period, there was a significant increase in the number of payable days, reaching approximately 104.63 days by June 2025. This substantial rise may imply extended payment cycles, potentially prompted by strategic supplier negotiations, cash conservation policies, or operational considerations, although it could also suggest emerging liquidity or operational challenges.
Overall, the pattern reflects strategic adjustments over time, balancing cash management priorities with supplier relationships, and indicates periods of both liquidity optimization and potential financial stretching. The fluctuation in payable days underscores the importance of monitoring payables trends as an indicator of the company's liquidity management and operational flexibility.
Peer comparison
Jun 30, 2025