KLA-Tencor Corporation (KLAC)

Number of days of payables

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Payables turnover 10.93 11.37 8.10 8.10 9.27
Number of days of payables days 33.40 32.10 45.04 45.04 39.38

June 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.93
= 33.40

The number of days of payables for KLA-Tencor Corporation has varied over the past five years. As of June 30, 2024, the number of days of payables was 33.40 days, which indicates that, on average, the company takes approximately 33.40 days to pay its suppliers. This represents a slight increase from the previous year's figure of 32.10 days.

Comparing the current year to two years ago, there has been a notable decrease in the number of days of payables. In June 2022, the company took 45.04 days on average to settle its payables, suggesting a more efficient payment process in the most recent year.

However, when looking at the trend over the past five years, there appears to be some fluctuation in the number of days of payables. In 2021 and 2020, the number of days to payables was consistent at 45.04 days and 39.38 days, respectively.

Overall, the recent improvement in the number of days of payables for KLA-Tencor Corporation could be indicative of better management of supplier relationships and cash flow, potentially contributing to enhanced liquidity and operational efficiency.


Peer comparison

Jun 30, 2024

Company name
Symbol
Number of days of payables
KLA-Tencor Corporation
KLAC
33.40
Coherent Inc
COHR
49.23

See also:

KLA-Tencor Corporation Average Payables Payment Period