Sandisk Corp (SNDK)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,143,000 | 4,864,000 | 4,793,000 | 5,027,000 | 5,591,000 | 5,289,411 | 4,965,703 | 4,311,158 | 3,342,975 | 3,307,803 | 3,384,995 | 3,464,893 | 3,586,437 | 3,559,853 | 3,435,072 | 3,260,973 | 3,121,031 | 3,106,742 | 3,115,222 | 3,197,669 |
| Payables | US$ in thousands | 766,000 | 363,000 | 320,000 | 649,000 | 357,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | 6.71 | 13.40 | 14.98 | 7.75 | 15.66 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,143,000K ÷ $766,000K
= 6.71
The data indicates that Sandisk Corp's payables turnover ratio was not available for numerous periods from June 2013 through March 2016, suggesting either a lack of data or that the company did not report or manage this ratio actively during that time. Starting from June 30, 2024, the ratio was recorded at 15.66, representing a relatively high frequency of paying its accounts payable within the period, which could imply efficient management of payables or a strategy focused on timely payments.
Subsequently, the ratio declined to 7.75 as of September 30, 2024, indicating that the company took longer to settle its payables or possibly faced changes in payment policies or supplier terms. The ratio increased slightly to 14.98 in December 2024, then decreased again to 13.40 in March 2025, suggesting some fluctuation in payment behavior over these periods.
The most recent data point, June 30, 2025, shows a ratio of 6.71, implying a further extension in the time taken to pay creditors, which could reflect changes in cash flow, strategic alterations in payment practices, or supplier credit terms. Overall, the pattern demonstrates variability in the company's payables management, with periods of higher turnover (faster payments) interspersed with periods indicating slower payment cycles in recent years.
Peer comparison
Jun 30, 2025