Advanced Micro Devices Inc (AMD)

Number of days of payables

		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	Jun 30, 2020	Mar 31, 2020
Payables turnover		9.17	7.05	10.60	13.07	9.24	8.39	6.59	7.26	6.88	6.46	9.17	8.24	7.70	8.91	10.26	7.92	13.70	7.57	6.31	7.44
Number of days of payables	days	39.79	51.78	34.45	27.92	39.51	43.51	55.39	50.30	53.02	56.54	39.80	44.27	47.43	40.97	35.57	46.09	26.64	48.21	57.86	49.05

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.17
= 39.79

The number of days of payables for Advanced Micro Devices Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The company's number of days of payables ranged from a high of 57.86 days in June 30, 2020, to a low of 26.64 days in December 31, 2020.

In general, a higher number of days of payables indicates that the company takes longer to pay its suppliers, potentially signaling poor liquidity or strained vendor relationships. Conversely, a lower number of days of payables suggests that the company is more efficient in managing its payables, which can improve its cash flow and relationships with suppliers.

During the analyzed period, Advanced Micro Devices Inc's number of days of payables generally fluctuated but remained within a reasonable range, with occasional spikes and dips. It is important for investors and stakeholders to monitor these ratios over time to understand the company's payment practices and financial health.