Western Digital Corporation (WDC)
Number of days of payables
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | 7.87 | 7.62 | 8.08 | |
| Number of days of payables | days | — | — | 46.39 | 47.87 | 45.15 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Western Digital Corporation has fluctuated over the past five years. In the most recent fiscal year ending June 30, 2022, the company took approximately 46.39 days to pay its suppliers and vendors, a slight decrease from the previous year's 47.87 days. This indicates that the company is managing its payables more efficiently in terms of the time taken to settle its outstanding invoices.
However, when comparing the current year to two years ago, there is a marginal increase in the number of days of payables, suggesting a slight deterioration in the payment cycle efficiency. It is important to monitor this metric closely to ensure that the company maintains a healthy balance in managing its payables.
Peer comparison
Jun 30, 2024