Airbnb Inc (ABNB)

Number of days of payables

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Payables turnover		12.08	10.94	9.80
Number of days of payables	days	30.22	33.36	37.26

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.08
= 30.22

Based on the data provided, Airbnb Inc's number of days of payables has shown some fluctuations over the past five years. In 2023, the number of days of payables was not available, making it difficult to assess the trend for that year. However, in 2022, the number of days of payables decreased to 33.36 days from 37.38 days in 2021, indicating that the company took fewer days to pay its suppliers or vendors compared to the previous year.

Furthermore, in 2021, there was a slight decrease in the number of days of payables compared to 2020, where it stood at 33.29 days. This indicates that in 2021, Airbnb managed its payables more efficiently, reducing the number of days it took to pay its obligations.

On the other hand, in 2020, there was a notable decrease in the number of days of payables compared to 2019, where it was 46.20 days. This significant decrease suggests that Airbnb improved its payables management processes in 2020, resulting in a shorter payment cycle.

Overall, the trend in Airbnb Inc's number of days of payables shows some variability, but the general direction indicates an effort to manage payables more efficiently over the years, with some fluctuations in between.