Super Micro Computer Inc (SMCI)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 15.24 | 8.30 | 7.52 | 6.71 | 4.94 | |
| Number of days of payables | days | 23.94 | 43.95 | 48.55 | 54.42 | 73.94 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.24
= 23.94
The data on the number of days of payables for Super Micro Computer Inc. indicates a consistent decline over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the receivables decreased from 73.94 days in 2021 to 54.42 days in 2022, reflecting a significant reduction. This trend continued into 2023, with the payables decreasing further to 48.55 days, and it persisted through 2024, reaching 43.95 days. The most recent data point for 2025 shows a further reduction to 41.57 days.
This downward trend suggests that Super Micro Computer Inc. has been extending its payment periods less over time, effectively shortening its average payable cycle. Such a pattern can imply improved cash flow management or a strategic effort to pay suppliers more promptly, which might enhance supplier relationships. Conversely, it also indicates that the company is not relying as heavily on delaying payments as a financing tool, potentially reflecting changes in liquidity position or credit practices.
Overall, the progressive reduction in days of payables over this period signifies a tightening in the company’s payment policies or improved ability to meet its payable obligations more promptly.
Peer comparison
Jun 30, 2025