Flex Ltd (FLEX)

Number of days of payables

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Payables turnover		4.60	5.49	4.63	3.65	4.28
Number of days of payables	days	79.42	66.43	78.76	99.89	85.36

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.60
= 79.42

The number of days of payables for Flex Ltd has shown fluctuations over the past five years. As of March 31, 2021, the company took approximately 85.36 days to pay its suppliers, indicating a moderate payment period. However, this period increased significantly to around 99.89 days by March 31, 2022, suggesting a slower payment cycle, possibly impacting cash flow management.

By March 31, 2023, Flex Ltd managed to decrease its number of days of payables to 78.76 days, indicating improved efficiency in managing its accounts payable. This trend continued positively as of March 31, 2024, with the company further reducing its payment period to approximately 66.43 days, reflecting effective working capital management.

As of the most recent data available on March 31, 2025, Flex Ltd's number of days of payables slightly increased to 79.42 days, maintaining a relatively stable payment cycle. Overall, the company has shown variations in its payables turnover, with efforts to optimize its payment terms and working capital efficiency evident over the years.