Monolithic Power Systems Inc (MPWR)

Number of days of payables

		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	Mar 31, 2020
Payables turnover		9.62	7.87	8.47	7.86	12.71	12.20	11.08	13.43	12.13	8.85	8.07	7.93	6.29	6.71	7.86	7.30	9.92	7.25	6.83	7.63
Number of days of payables	days	37.94	46.38	43.07	46.45	28.73	29.92	32.94	27.17	30.09	41.26	45.24	46.01	58.02	54.38	46.41	50.03	36.81	50.33	53.46	47.82

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.62
= 37.94

The number of days of payables for Monolithic Power Systems Inc has exhibited fluctuations over the periods provided in the data. This ratio indicates the average number of days a company takes to pay its suppliers.

From March 31, 2020, to September 30, 2021, the number of days of payables ranged between 36.81 days and 54.38 days, showing some variability in the company's payment cycle.

Between December 31, 2021, and June 30, 2024, the number of days of payables fluctuated between 27.17 days and 46.45 days, with a generally decreasing trend towards lower payment periods.

As of December 31, 2024, the company had reduced its payables period to 37.94 days, potentially indicating more efficient management of supplier payments.

Overall, a decreasing trend in this ratio suggests that Monolithic Power Systems Inc may be managing its payables more effectively, potentially improving cash flow and relationships with suppliers.