Lumentum Holdings Inc (LITE)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.26 | 8.77 | 7.07 | 5.90 | 8.21 | |
| Number of days of payables | days | 69.36 | 41.62 | 51.61 | 61.90 | 44.46 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.26
= 69.36
The analysis of Lumentum Holdings Inc.'s accounts payable days over the specified periods reveals notable fluctuations, reflecting changes in the company’s payment practices and, potentially, its working capital management strategies. As of June 30, 2021, the company’s payable days stood at approximately 44.46 days. This duration increased significantly by June 30, 2022, reaching approximately 61.90 days, indicating a period where the company extended its payment cycles, possibly to optimize cash flow or due to supplier credit terms.
However, by June 30, 2023, the number of days payable decreased to roughly 51.61 days, suggesting a partial tightening of payment practices compared to the previous year. The trend continued into June 30, 2024, with a notable reduction to approximately 41.62 days, which could imply more prompt settlement of liabilities or improved accounts payable management.
Contrarily, the data for June 30, 2025, shows a substantial increase to approximately 69.36 days, indicating a significant extension of the days payable outstanding. This reversal suggests a strategic shift towards lengthening payment periods, potentially to conserve cash or due to changes in supplier relationships. Overall, the pattern demonstrates variability in the company's payables management, with periods of both tightening and leniency, reflecting dynamic strategic adjustments in managing current liabilities relative to expenditures and operating cycles.
Peer comparison
Jun 30, 2025