Microchip Technology Inc (MCHP)
Number of days of payables
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 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | — | 10.21 | 10.68 | 12.29 | 12.39 | 11.63 | 10.12 | 10.02 | 6.91 | 7.47 | 6.73 | 8.08 | 6.88 | 7.59 | 7.24 | 7.42 | 7.04 | 7.82 | 9.35 | 9.65 | |
Number of days of payables | days | — | 35.75 | 34.17 | 29.71 | 29.46 | 31.39 | 36.07 | 36.44 | 52.86 | 48.85 | 54.21 | 45.15 | 53.06 | 48.07 | 50.44 | 49.20 | 51.82 | 46.67 | 39.05 | 37.84 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Microchip Technology Inc has shown some fluctuation over the past quarters. As of March 31, 2025, the number of days of payables data is not available.
Analyzing the available data, we observe that the number of days of payables ranged from a low of 29.46 days on March 31, 2024, to a high of 54.21 days on September 30, 2022. The company's payables turnover period reached its longest duration in September 2022.
In general, a higher number of days of payables indicates that the company is taking longer to pay its suppliers, which could potentially strain relationships if payment terms are not met promptly. Conversely, a lower number of days of payables could suggest that the company is managing its working capital efficiently by paying its suppliers promptly.
It would be important to monitor the trend of this ratio over time to assess the impact on the company's liquidity, supplier relationships, and overall financial health.
Peer comparison
Mar 31, 2025
See also:
Microchip Technology Inc Average Payables Payment Period (Quarterly Data)