MACOM Technology Solutions Holdings Inc (MTSI)

Number of days of payables

		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	Dec 31, 2019
Payables turnover		7.77	7.66	6.36	9.68	10.52	9.80	8.81	7.67	8.75	6.19	8.45	7.73	9.23	10.38	10.22	9.49	11.28	9.75	9.75	10.93
Number of days of payables	days	46.96	47.64	57.39	37.70	34.70	37.26	41.45	47.61	41.70	58.99	43.19	47.22	39.54	35.17	35.70	38.46	32.36	37.43	37.43	33.40

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.77
= 46.96

The number of days of payables for MACOM Technology Solutions Holdings Inc has fluctuated over the past several quarters, indicating varying payment practices and relationships with suppliers. As of September 30, 2024, the company took approximately 46.96 days to pay its suppliers. This represents a slight decrease from the previous quarter's 47.64 days, suggesting more efficient management of payables.

Looking further back, there was a notable increase in the number of days of payables in the first quarter of 2024 (57.39 days) compared to the fourth quarter of 2023 (37.70 days). This indicates a potential shift in the company's payment terms or possibly challenges in managing working capital during that period.

Over the past few years, there have been fluctuations in the number of days of payables, with peaks and troughs observed. For instance, there was a high of 58.99 days in the second quarter of 2022 and a low of 32.36 days in the fourth quarter of 2020. These fluctuations may reflect changes in the company's financial strategy, supplier negotiations, or operational efficiency.

Overall, monitoring the trend in the number of days of payables can provide insights into MACOM's liquidity, cash flow management, and relationships with suppliers. A decreasing trend in days of payables may indicate improved working capital management, while increasing days of payables could signal potential liquidity challenges or shifts in payment practices.