Sandisk Corp (SNDK)
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 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.71 | 13.40 | 14.98 | 7.75 | 15.66 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | 54.36 | 27.24 | 24.37 | 47.12 | 23.31 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.71
= 54.36
The analysis of Sandisk Corp's number of days of payables reveals a notable increase over the observed period, particularly starting from mid-2024. Historically, the company had no recorded days of payables up to March 31, 2016, indicating either a lack of payable period data or minimal payable days during that timeframe.
From June 30, 2024, onward, a significant rise is evident, with the payable days increasing from 23.31 days to 54.36 days as of June 30, 2025. This escalation suggests that the company has extended its payment terms to suppliers, potentially indicating an effort to optimize cash flow or a change in supplier payment strategies. The fluctuation around the 24-47-day range in late 2024 and early 2025 demonstrates variability in payable management, but the overall trend points toward longer payment cycles.
This increase in days payable outstanding could have implications for the company's liquidity position and its relationships with suppliers. Prolonged payable periods may enhance short-term cash availability but could also impact supplier relationships if extended excessively. The observed pattern warrants further analysis of related cash flow statements and liquidity ratios to gauge the strategic intent and financial health implications behind these changes.
Peer comparison
Jun 30, 2025