Broadcom Inc (AVGO)

Number of days of payables

		Nov 3, 2024	Aug 4, 2024	May 5, 2024	Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020
Payables turnover		11.47	9.62	10.34	8.56	9.20	11.34	13.62	12.31	11.13	15.27	9.98	9.80	9.77	10.91	12.63	11.67	12.41	9.41	8.33	10.28
Number of days of payables	days	31.82	37.94	35.31	42.65	39.68	32.20	26.80	29.65	32.79	23.90	36.56	37.26	37.37	33.47	28.90	31.27	29.42	38.79	43.79	35.50

November 3, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.47
= 31.82

The number of days of payables for Broadcom Inc has fluctuated over the past couple of years, ranging from a low of 23.90 days to a high of 43.79 days. On average, the company takes around 33 days to pay its suppliers for goods and services purchased on credit.

Analyzing the trend, we observe some variability in the number of days of payables, indicating that Broadcom's payment practices may have been impacted by various factors such as changes in supplier terms, business cycles, or management strategies.

A lower number of days of payables suggests that the company is paying its suppliers more quickly, potentially signaling strong liquidity or negotiating power. Conversely, a higher number of days of payables could indicate a more conservative approach to managing cash flow or potential strain on supplier relationships.

Further investigation into the reasons behind these fluctuations in the number of days of payables would provide additional insight into Broadcom Inc's financial operations and management of working capital.