Fabrinet (FN)

The analysis of Fabrinet's number of days of payables over the specified period reveals fluctuations in the company's accounts payable management.

As of June 30, 2021, the company’s payables period was 76.29 days, indicating that, on average, Fabrinet took approximately 76 days to settle its payables. This duration increased to 80.90 days by June 30, 2022, suggesting a slight prolongation in payment terms or a strategic decision to delay payments to suppliers during that period.

However, a significant reduction occurred by June 30, 2023, when the payables period decreased to 60.25 days. This decline signifies that the company shortened the time it takes to settle its obligations, potentially reflecting improved cash management or negotiations for faster payments or discounts.

Between June 30, 2023, and June 30, 2024, the number of days of payables increased slightly to 63.82 days. This modest increase indicates a slight elongation in the payables cycle but remains below the 2022 peak, suggesting a reversion towards more prompt payments compared to the previous year.

Looking ahead to June 30, 2025, the payables period is projected to reach 77.40 days, surpassing both the 2022 and 2024 levels. This projected increase could imply a strategic shift towards longer payment terms, potentially influenced by supplier negotiations, liquidity considerations, or changes in supply chain management practices.

Overall, the trend from June 2021 to June 2025 indicates periods of both tightening and loosening in Fabrinet's payables cycle, with the shortest period recorded in mid-2023 and a forecasted increase thereafter. These movements reflect the company's dynamic approach to managing its working capital and supplier relationships over the analyzed timeframe.

Peer comparison

Jun 30, 2025