Flex Ltd (FLEX)

Number of days of payables

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 Jun 30, 2020
Payables turnover 4.60 4.66 4.66 5.24 5.75 5.09 4.83 4.76 4.91 4.15 3.88 3.74 3.85 3.93 4.04 4.31 4.28 4.23 4.28 4.77
Number of days of payables days 79.42 78.25 78.31 69.65 63.52 71.71 75.62 76.73 74.40 87.98 94.05 97.54 94.68 92.99 90.32 84.77 85.35 86.38 85.31 76.60

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 fluctuated over the past few years. Starting at approximately 76.60 days as of June 30, 2020, the number of days of payables increased to reach its peak at 97.54 days on June 30, 2022. Subsequently, there was a slight decrease, with the number of days of payables falling to 63.52 days by March 31, 2024. From there, the trend reversed, showing an upward trajectory, reaching 79.42 days as of March 31, 2025.

Overall, Flex Ltd's number of days of payables has displayed variability, with periods of both increases and decreases observed over the years. This metric is important as it indicates how long the company takes, on average, to pay its suppliers or vendors, reflecting its liquidity management and relationships with external stakeholders.