Ultra Clean Holdings Inc (UCTT)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Payables turnover 8.19 7.05 6.84 6.92 7.55 8.22 9.17 9.28 7.53 7.14 7.19 6.22 5.02 5.45 5.74 7.17 9.12 9.38 6.87 7.03
Number of days of payables days 44.55 51.79 53.37 52.77 48.32 44.40 39.81 39.32 48.46 51.11 50.73 58.70 72.69 67.02 63.55 50.91 40.00 38.91 53.10 51.90

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.19
= 44.55

Ultra Clean Holdings Inc's number of days of payables has exhibited some fluctuations over the periods provided.

From March 31, 2020, to December 31, 2020, the number of days of payables ranged from 38.91 days to 53.10 days, showing some variability in how quickly the company pays its suppliers.

In the later periods, from March 31, 2021, to December 31, 2024, the number of days of payables continued to fluctuate, with a range of 39.32 days to 72.69 days. This variability may indicate changes in the company's cash management practices or supplier relationships.

Overall, the trend in the number of days of payables does not show a clear pattern of improvement or deterioration over the periods provided. It is important for stakeholders to closely monitor this ratio as it can impact the company's liquidity and operational efficiency.