OSI Systems Inc (OSIS)

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		4.00	6.42	5.97	5.50	5.31	5.58	5.38	5.16	6.10	6.23	6.05	5.26	6.06	5.84	5.86	5.32	5.15	5.61	7.69	7.70
Number of days of payables	days	91.19	56.84	61.13	66.31	68.78	65.36	67.85	70.79	59.84	58.54	60.37	69.41	60.23	62.46	62.31	68.60	70.92	65.08	47.47	47.41

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.00
= 91.19

The analysis of OSI Systems Inc.’s days of payables over the designated periods reveals fluctuations consistent with operational and strategic changes. At the start of the analyzed period, on September 30, 2020, the company maintained an average of approximately 47.41 days of payables. This figure remained relatively stable through December 31, 2020, with a marginal increase to 47.47 days.

A notable shift occurred by March 31, 2021, when the payables period expanded significantly to approximately 65.08 days, indicating a deliberate extension in payment terms or perhaps a response to supplier negotiations. This upward trend continued through June 30, 2021, reaching roughly 70.92 days, suggesting a period of extended credit management or strategic liquidity optimization. However, by September 30, 2021, the figure slightly decreased to approximately 68.60 days, and further declined to about 62.31 days by the end of December 2021, implying some adjustment or tightening of payment schedules.

Throughout 2022, the days of payables exhibited minor fluctuations, ranging from a low of approximately 58.54 days on March 31, 2023, to a high near 69.41 days on September 30, 2022, indicating a period of relative stability with slight variations. Notably, at the close of fiscal year 2022, the figure was approximately 60.37 days.

The trend displayed a minor decrease in the early part of 2023, with payables averaging around 58.54 days in March 2023, before increasing again to nearly 70.79 days in September 2023. This upward movement suggests a temporary extension in settling obligations, possibly for strategic reasons or to improve liquidity.

Looking further ahead, the data shows increased variability in mid-2024, with payables at approximately 65.36 days in March and rising to 68.78 days by June. The third quarter of 2024 records a slight decline to about 66.31 days. At the conclusion of 2024, the figure settles around 61.13 days.

In the most recent period ending March 31, 2025, the days of payables decreased to approximately 56.84 days. However, a sharp increase is observed by June 30, 2025, with the period soaring to approximately 91.19 days. This substantial rise suggests a significant extension of payment terms or potential strategic changes in vendor relations, possibly aiming to conserve cash or pivot operational strategies.

Overall, OSI Systems Inc.’s days payable have experienced considerable variation over the analyzed timeline, with periods of both extension and reduction. The observed trend indicates strategic adjustments in payables management, potentially reflective of broader financial planning, liquidity considerations, or supplier relationship strategies.