Super Micro Computer Inc (SMCI)

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		15.24	29.76	33.19	9.70	8.37	9.09	6.13	5.63	7.52	8.38	9.76	6.38	6.71	5.09	5.18	5.82	4.94	6.18	6.91	8.33
Number of days of payables	days	23.94	12.26	11.00	37.63	43.62	40.15	59.52	64.85	48.55	43.58	37.41	57.24	54.42	71.65	70.49	62.73	73.94	59.10	52.82	43.82

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.24
= 23.94

The number of days of payables for Super Micro Computer Inc. has exhibited notable fluctuations over the analyzed period. Starting at 43.82 days as of September 30, 2020, the metric increased steadily, reaching a peak of approximately 73.94 days by June 30, 2021. This upward trend indicates a lengthening of the average period the company takes to settle its accounts payable, which may reflect strategic supplier credit management or liquidity considerations.

Following the peak, a gradual reduction commenced, with the figure declining to 37.41 days as of December 31, 2022. Notably, there was a temporary increase again to 64.85 days by September 30, 2023, before decreasing once more to 11.00 days as of December 31, 2024. This sharp decrease in late 2024 suggests a significant acceleration in payment activities, which could be due to improved cash flow, renegotiation of payment terms, or operational shifts.

In the most recent data points, the measure increased slightly to 23.94 days by June 30, 2025, after reaching a low of 11.00 days in December 2024. Overall, the trend indicates considerable variability in the company's accounts payable practices over time, with periods of both extended credit periods and rapid payments, reflecting possible adjustments in supplier relationships, liquidity management strategies, or seasonal operational needs.