Sandisk Corp (SNDK)
Number of days of payables
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
---|---|---|---|---|---|---|
Payables turnover | 14.05 | 8.34 | 9.04 | 8.26 | — | |
Number of days of payables | days | 25.98 | 43.74 | 40.40 | 44.18 | — |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.05
= 25.98
The analysis of Sandisk Corp's accounts payable days over the specified periods indicates notable fluctuations in the company's payment cycle. As of December 31, 2015, data was not available for this metric. By June 30, 2022, the number of days of payables was 44.18 days, reflecting the period's credit practices and payment policies. This figure slightly decreased to 40.40 days by June 30, 2023, suggesting a marginal acceleration in payment terms or improved liquidity management.
However, a further reduction is observed in the projected or reported figure for June 30, 2025, with payables days decreasing to 25.98 days. This significant decline indicates a trend toward more prompt payment to suppliers, potentially reflecting improved cash flow management, renegotiated credit terms, or strategic changes aimed at strengthening supplier relationships. Conversely, the increase from 2023 to 2024, rising to 43.74 days, may imply periods of extended credit or liquidity constraints during that interval.
Overall, the progression from 44.18 days in mid-2022 to approximately 26 days in mid-2025 demonstrates a trend toward shortening days payable outstanding, which could be viewed as a positive indicator of operational efficiency and liquidity health, provided the company maintains favorable supplier terms and manages its working capital effectively.
Peer comparison
Jun 30, 2025