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 | 10.71 | |
| Number of days of payables | days | 33.40 | 32.10 | 45.04 | 45.04 | 34.07 |
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