KLA-Tencor Corporation (KLAC)
Number of days of payables
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 10.93 | 10.94 | 10.33 | 11.34 | 11.37 | 10.30 | 7.77 | 7.96 | 8.10 | 7.98 | 8.43 | 7.79 | 8.10 | 8.88 | 9.53 | 9.69 | 9.27 | 9.95 | 9.03 | 9.45 | |
| Number of days of payables | days | 33.40 | 33.37 | 35.33 | 32.19 | 32.10 | 35.42 | 46.98 | 45.84 | 45.04 | 45.72 | 43.28 | 46.88 | 45.04 | 41.09 | 38.29 | 37.66 | 39.38 | 36.67 | 40.42 | 38.62 |
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 fluctuated over the past few quarters, ranging from a low of 32.10 days to a high of 46.98 days. The trend shows a relatively stable level of payables days in recent quarters, with a slight decrease in the most recent quarter. This indicates that the company takes, on average, around 33 to 47 days to settle its accounts payables obligations. A lower number of days of payables suggests that the company is paying its suppliers more quickly, potentially improving its relationship with vendors. It is important to monitor this metric to assess the efficiency of KLA-Tencor's working capital management and its ability to maintain positive vendor relationships.
Peer comparison
Jun 30, 2024
See also:
KLA-Tencor Corporation Average Payables Payment Period (Quarterly Data)