Viavi Solutions Inc (VIAV)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019
Payables turnover		8.42	10.25	9.92	11.19	9.90	11.07	10.07	8.27	8.90	8.79	7.43	7.49	7.67	8.55	8.53	10.20	8.89	10.60	9.85	7.98
Number of days of payables	days	43.34	35.60	36.80	32.62	36.87	32.96	36.23	44.16	41.01	41.50	49.10	48.74	47.61	42.69	42.78	35.80	41.07	34.43	37.07	45.72

June 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.42
= 43.34

The number of days of payables for Viavi Solutions Inc has fluctuated over the past few quarters. Based on the data provided, the number of days of payables ranged from a low of 32.62 days to a high of 49.10 days.

On average, Viavi Solutions Inc takes around 40 days to pay its suppliers, with a tendency to pay closer to the upper end of the range in recent quarters. This indicates that the company may be taking longer to settle its payables, which could have implications for its cash flow and relationships with suppliers. Monitoring this metric over time can provide insights into the company's liquidity management and working capital efficiency.