Lumentum Holdings Inc (LITE)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 5.26 | 5.84 | 6.30 | 7.13 | 9.06 | 8.62 | 6.61 | 8.28 | 6.96 | 5.73 | 5.42 | 4.93 | 5.90 | 7.20 | 7.78 | 9.15 | 8.21 | 9.20 | 8.75 | 6.80 | |
| Number of days of payables | days | 69.36 | 62.48 | 57.98 | 51.19 | 40.27 | 42.34 | 55.21 | 44.08 | 52.43 | 63.70 | 67.36 | 74.09 | 61.90 | 50.70 | 46.94 | 39.91 | 44.46 | 39.69 | 41.73 | 53.67 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.26
= 69.36
The analysis of Lumentum Holdings Inc’s number of days of payables over the period from September 2020 through June 2025 reveals notable fluctuations and an overall upward trend. In September 2020, the payables period stood at approximately 53.67 days. This figure declined steadily through the end of 2020 and into early 2021, reaching a low of 39.69 days by March 2021. During 2021, the payables period experienced minor fluctuations, ending the year at around 46.94 days in December.
The pattern shifted in 2022, with the days of payables increasing significantly, culminating at approximately 74.09 days in September 2022. This marks a substantial extension compared to the beginning of the period and suggests a lengthening of payment cycles. The subsequent quarters showed some moderation but remained elevated, with the payables period at approximately 67.36 days in December 2022 and 63.70 days in March 2023.
From mid-2023 onward, a downward trend is observable, with the payables period decreasing to around 52.43 days in June 2023 and further to approximately 44.08 days in September 2023. However, this period of reduction was temporary, as the figure rose again to about 55.21 days in December 2023 before decreasing further to roughly 42.34 days by March 2024.
In mid-2024, the payables days slightly increased again, reaching approximately 51.19 days in September and then continuing upward to 57.98 days in December 2024. The trend extends into 2025, with the number of days of payables rising further to about 62.48 days in March and approximately 69.36 days in June 2025.
Overall, the data indicates a period of shorter payment cycles during the early 2021 and mid-2023 intervals, followed by a general lengthening of payables days, particularly from late 2022 into 2025. This pattern might reflect changes in supplier credit terms, cash management strategies, or financial policy adjustments.
Peer comparison
Jun 30, 2025