Extreme Networks Inc (EXTR)

Number of days of payables

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Payables turnover		6.74	9.46	5.59	5.72	7.05
Number of days of payables	days	54.16	38.59	65.26	63.82	51.74

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.74
= 54.16

The analysis of Extreme Networks Inc.'s accounts payable days over the specified period reveals notable fluctuations in the company's payment cycle. As of June 30, 2021, the company’s number of days payable was approximately 51.74 days. This period experienced an increase by the end of June 30, 2022, reaching 63.82 days, indicating a lengthening of the payable cycle. The trend continued into June 30, 2023, with payables extending slightly further to 65.26 days, marking the peak in the observed timeframe.

However, a significant shift occurred in the subsequent period ending June 30, 2024, when the days payable notably decreased to 38.59 days. This reduction suggests a shortening of the company’s payment cycle, potentially reflecting changes in cash management strategies, supplier terms, or liquidity conditions. By June 30, 2025, there was a partial recovery to 54.16 days, although it did not reach the levels observed in 2022 and 2023.

Overall, the trend indicates periods of elongation followed by a sharp contraction in the payable cycle, which could be associated with strategic adjustments in supplier negotiations, cash flow management, or operational changes. The variation underscores the dynamic nature of the company's accounts payable practices over the observed timeframe.