Semtech Corporation (SMTC)
Number of days of payables
Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
---|---|---|---|---|---|---|
Payables turnover | — | — | 37.86 | — | 5.97 | |
Number of days of payables | days | — | — | 9.64 | — | 61.13 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided for Semtech Corporation, the number of days of payables can be analyzed as follows:
1. As of January 29, 2023, the company had an average number of days of payables of approximately 61.13 days, indicating that, on average, it takes the company around 61 days to pay its trade payables.
2. On January 31, 2023, specific data for the number of days of payables is not available (represented as "— days"), making it difficult to assess the trend or performance for that specific period.
3. By January 28, 2024, the average number of days of payables decreased significantly to 9.64 days, suggesting that the company improved its efficiency in managing its trade payables by reducing the time taken to settle its obligations.
4. Similarly, for January 31, 2024, specific data for the number of days of payables is not provided, making it challenging to assess the company's financial performance for that period.
5. Furthermore, for January 31, 2025, specific data for the number of days of payables is not available (represented as "— days"), limiting the ability to evaluate the company's payment practices for that particular period.
In conclusion, the company’s management of its payables appears to have improved significantly between January 29, 2023, and January 28, 2024, as reflected in the substantial decrease in the average number of days of payables. However, the lack of data for specific periods hinders the ability to provide a comprehensive trend analysis over time.
Peer comparison
Jan 31, 2025