Avnet Inc (AVT)
Number of days of payables
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.68 | 5.94 | 5.51 | 5.69 | 6.27 | 6.56 | 6.81 | 6.66 | 6.92 | 7.40 | 7.46 | 6.46 | 6.22 | 6.85 | 7.06 | 7.30 | 7.20 | 8.19 | 8.18 | 7.83 | |
| Number of days of payables | days | 64.24 | 61.46 | 66.28 | 64.20 | 58.17 | 55.64 | 53.60 | 54.78 | 52.73 | 49.33 | 48.91 | 56.48 | 58.68 | 53.29 | 51.73 | 50.01 | 50.68 | 44.56 | 44.60 | 46.64 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.68
= 64.24
The analysis of Avnet Inc.’s number of days of payables over the specified periods reveals an overall upward trend, with fluctuations indicative of evolving payment practices. Starting from approximately 46.64 days on September 30, 2020, the metric decreased slightly to 44.60 days at the end of 2020, maintaining a similar level through March 2021. Subsequently, the number of days of payables increased, reaching 50.68 days by June 2021 and maintaining a similar level through the remainder of 2021, with a slight increase to 51.73 days at year's end.
During 2022, the trend intensified, with payables extending from 53.29 days in March to a peak of 58.68 days by June. The number then fluctuated, slightly decreasing to 48.91 days at the end of 2022 but rising again in 2023, reaching 55.64 days in March. The upward trend persisted into 2024, with the days of payables increasing to 66.28 days by the end of December 2024, representing the highest point within the observed period.
In the subsequent periods of 2025, there is a slight moderation with days decreasing to 61.46 days in March before increasing again to 64.24 days by June. Overall, this progression suggests a gradual extension of the company's accounts payable period, which may indicate strategic management of cash flows, extended payment terms with suppliers, or potential liquidity considerations. The variability across periods demonstrates a pattern of both elongation and contraction, but the longer-term trend points toward a trend of increasing days payable over the analyzed timeframe.
Peer comparison
Jun 30, 2025