Seagate Technology PLC (STX)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.68 | 2.81 | 3.76 | 3.98 | 4.50 | |
| Number of days of payables | days | 99.28 | 129.99 | 96.98 | 91.70 | 81.10 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.68
= 99.28
The number of days of payables for Seagate Technology PLC has demonstrated a consistent upward trend over the analyzed period. As of June 30, 2021, the company’s payables days stood at approximately 81.10 days. This figure increased to around 91.70 days by June 30, 2022, indicating a lengthening in the time taken to settle accounts payable. The trend continued into 2023, with the payables days reaching approximately 96.98 days, reflecting a further extension in payment terms. By June 30, 2024, the days of payables had significantly increased to approximately 129.99 days, representing nearly a 60-day increase from the previous year. Data for June 30, 2025, is not available, and thus a trend beyond 2024 cannot be assessed. Overall, the successive increases suggest that Seagate Technology PLC has been taking longer to pay its suppliers, which may indicate strategic management of working capital, a shift in supplier payment policies, or potential liquidity considerations.
Peer comparison
Jun 30, 2025