Alpha and Omega Semiconductor Ltd (AOSL)

Payables turnover

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cost of revenue	US$ in thousands	485,356	491,785	508,996	452,359	362,178
Payables	US$ in thousands	—	—	87,377	80,699	86,181
Payables turnover		—	—	5.83	5.61	4.20

June 30, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $485,356K ÷ $—K
= —

The payables turnover ratio measures how efficiently a company is managing its trade payables by indicating how many times a company pays off its suppliers in a given period.

Looking at the data provided, the payables turnover for Alpha and Omega Semiconductor Ltd has been increasing over the past few years, from 4.20 in 2020 to 5.83 in 2022. This improvement suggests that the company is managing its payables more efficiently by paying off its suppliers more frequently.

However, it is notable that the payables turnover for 2023 and 2024 is not provided, which limits the ability to assess the trend in recent years. To fully evaluate the company's payables management performance, additional data for recent years would be needed. Overall, the increasing trend from 2020 to 2022 indicates a positive improvement in the company's management of trade payables.