A10 Network (ATEN)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		12.83	22.90	25.11	23.86	31.15
Number of days of payables	days	28.45	15.94	14.54	15.30	11.72

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.83
= 28.45

The number of days of payables for A10 Network has shown a fluctuating trend over the past five years. As of December 31, 2020, the company took approximately 11.72 days to pay its payables, indicating a relatively efficient payment cycle. However, this number increased to 15.30 days by the end of 2021, suggesting a slight delay in settling its bills.

In the following years, A10 Network managed to maintain its payables within a reasonable range, with 14.54 days in 2022 and 15.94 days in 2023. Notably, by December 31, 2024, the number of days of payables surged to 28.45 days. This significant increase may indicate a potential cash flow pressure or changes in the company's payment policies that resulted in a longer payables cycle.

Overall, the trend in the number of days of payables for A10 Network highlights the importance of closely monitoring payment practices and managing cash flow effectively to ensure optimal financial health and relationships with suppliers.