Lam Research Corp (LRCX)

Number of days of payables

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Payables turnover		—	12.79	9.54	9.25	9.43
Number of days of payables	days	—	28.54	38.24	39.45	38.72

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The data indicates that Lam Research Corp's number of days of payables has exhibited fluctuations over the observed period from June 30, 2021, to June 30, 2024. Specifically, the days payable outstanding (DPO) was 38.72 days as of June 30, 2021, increasing slightly to 39.45 days by June 30, 2022. However, a marginal decrease occurred by June 30, 2023, bringing the DPO to 38.24 days. Subsequently, a notable reduction is observed, with the DPO declining substantially to 28.54 days as of June 30, 2024. The data for June 30, 2025, is unavailable or not provided.

This trend suggests that Lam Research's payables period was relatively stable during 2021 and 2022, with a slight decrease in 2023, indicating potentially more prompt payments or changes in payment policies. The sharp decline in 2024 may reflect an emphasis on faster payment cycles, improved cash flow management, or strategic adjustments in supplier relationships. Overall, the trend highlights a reduction in the average payment period over time, which could impact liquidity and working capital management.