Super Micro Computer Inc (SMCI)

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		33.19	9.70	8.78	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	6.74	5.97
Number of days of payables	days	11.00	37.63	41.57	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	54.19	61.15

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 33.19
= 11.00

The number of days of payables for Super Micro Computer Inc has shown some fluctuations over the past few years. From December 31, 2022, to December 31, 2024, the number of days of payables decreased significantly from 37.41 days to 11.00 days. This suggests that the company has been paying its suppliers more quickly, which could indicate improved liquidity or negotiation power with suppliers.

However, it is important to note that the number of days of payables can vary for reasons such as changes in payment terms, shifts in business operations, or adjustments in the supply chain. It is advisable to consider this ratio alongside other financial metrics to gain a more comprehensive understanding of Super Micro Computer Inc's financial performance and management of working capital.