Arista Networks (ANET)

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		8.10	10.14	9.53	12.61	6.39	10.08	7.33	7.22	9.18	6.97	6.29	7.64	7.23	10.02	8.83	8.77	8.43	6.61	8.92	13.22
Number of days of payables	days	45.04	36.00	38.31	28.94	57.09	36.21	49.78	50.58	39.76	52.40	58.03	47.77	50.46	36.41	41.31	41.64	43.31	55.24	40.93	27.62

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.10
= 45.04

The number of days of payables for Arista Networks has exhibited fluctuation over the analyzed periods. From March 31, 2020, to December 31, 2024, the trend shows a varying payment cycle for the company's payables. Notably, there have been peaks and troughs in the number of days it takes Arista Networks to settle its payables with suppliers.

The data indicates that the number of days of payables increased from March 2020 to September 2020 and then exhibited a slight decline until December 2020. Subsequently, the trend fluctuated over the next few quarters. Arista Networks appeared to have extended its payment cycle in June 2021, but then improved its payables turnover until September 2021. However, the number of days of payables increased notably to 58.03 days by June 30, 2022, reflecting a delay in settling payables.

Overall, based on the data provided up to December 31, 2024, Arista Networks seems to have managed its payables efficiency effectively, with fluctuations in the number of days it takes to settle its payables over time. It is essential for investors and stakeholders to closely monitor this metric to assess the company's liquidity management and supplier relationships.