Airbnb Inc (ABNB)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Payables turnover | 13.23 | 12.08 | 10.94 | 9.80 | |
Number of days of payables | days | 27.60 | 30.22 | 33.36 | 37.26 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 13.23
= 27.60
The number of days of payables for Airbnb Inc has shown a decreasing trend over the years, indicating a more efficient management of its payables. As of December 31, 2021, the company took approximately 37.26 days to pay its creditors, which decreased to about 33.36 days by December 31, 2022, and further reduced to around 30.22 days by December 31, 2023. By December 31, 2024, the number of days of payables dropped to approximately 27.60 days, reflecting a continual improvement in the company's ability to settle its outstanding obligations in a timely manner. This trend suggests that Airbnb Inc has been effectively managing its payables, potentially enhancing its liquidity position and relationships with suppliers.
Peer comparison
Dec 31, 2024