Fabrinet (FN)
Number of days of payables
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.72 | 6.06 | 4.51 | 4.78 | 5.79 | |
| Number of days of payables | days | 63.82 | 60.25 | 80.90 | 76.29 | 63.09 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.72
= 63.82
Fabrinet's number of days of payables has shown fluctuations over the past five years. In particular, the number of days of payables has ranged from a low of 60.25 days in June 2023 to a high of 80.90 days in June 2022. This indicates that the company's ability to extend payment to suppliers has varied over time. However, it is worth noting that the number of days of payables has generally been within a relatively narrow range between 60 and 80 days, suggesting a consistent approach to managing payables. Overall, the trend in the number of days of payables does not show a clear pattern of improvement or deterioration, but rather some level of volatility.
Peer comparison
Jun 30, 2024