Western Digital Corporation (WDC)
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 | — | — | — | — | — | 9.55 | 11.04 | 8.19 | 7.63 | 8.11 | 7.29 | 7.62 | 7.33 | 7.81 | 7.34 | 7.50 | 7.68 | 8.39 | 8.67 | 8.67 | |
Number of days of payables | days | — | — | — | — | — | 38.23 | 33.08 | 44.58 | 47.86 | 45.02 | 50.09 | 47.88 | 49.78 | 46.75 | 49.72 | 48.69 | 47.54 | 43.51 | 42.11 | 42.11 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Western Digital Corporation has shown fluctuations over the past several quarters.
In the most recent quarter, ending June 30, 2024, the number of days of payables was not provided in the table, indicating a lack of data for that period.
In the previous quarter, ending March 31, 2024, the company took approximately 38.23 days on average to pay its outstanding payables. This was a decrease from the previous quarter, suggesting that the company was able to pay off its obligations more quickly.
Looking further back, the trend in the number of days of payables has shown some variability, with values ranging from a low of 33.08 days to a high of 50.09 days over the past few quarters. This indicates fluctuations in the company's payment practices and relationship with its suppliers.
Overall, analyzing the number of days of payables provides insight into Western Digital Corporation's efficiency in managing its accounts payable and cash flow. Further analysis and comparison with industry benchmarks would be beneficial to assess the company's performance in this area.
Peer comparison
Jun 30, 2024
See also:
Western Digital Corporation Average Payables Payment Period (Quarterly Data)