Alpha and Omega Semiconductor Ltd (AOSL)

Number of days of payables

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 Jun 30, 2020
Payables turnover 10.19 12.37 11.78 10.77 11.35 10.40 9.26 9.69 9.24 8.13 6.54 5.83 7.10 7.73 5.70 5.61 5.24 4.73 4.34 4.20
Number of days of payables days 35.82 29.51 30.98 33.90 32.16 35.09 39.41 37.68 39.48 44.92 55.81 62.66 51.44 47.21 64.01 65.11 69.63 77.11 84.07 86.85

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.19
= 35.82

The analysis of Alpha and Omega Semiconductor Ltd’s number of days of payables over the specified periods indicates a consistent downward trend, reflecting changes in the company's payment practices and credit policy. As of June 30, 2020, the payable days stood at approximately 86.85 days, which gradually decreased over the subsequent periods. By December 31, 2020, this figure had reduced to 77.11 days, and continued declining through 2021, reaching 47.21 days by December 31, 2021.

In 2022, the payable days fluctuated slightly but maintained a general downward trajectory, dropping to around 44.92 days at year-end. The trend persisted into 2023, with the payable days declining further to approximately 39.48 days by March 31, and reaching a low of 35.09 days by December 31, 2023.

The most recent data points demonstrate a continuation of this pattern, with payable days averaging approximately 32.16 days as of March 31, 2024, and slightly increasing to 35.82 days by the end of the subsequent quarter in March 2025.

Overall, there has been a substantial reduction in the average number of days the company takes to pay its suppliers over the analyzed period, suggesting improved efficiency or stricter credit management policies. This trend indicates a move towards more prompt payment practices and potentially a strengthening liquidity position, although further analysis would be necessary to confirm these implications.