Airbnb Inc (ABNB)

Number of days of payables

		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
Payables turnover		12.08	10.21	16.06	9.71	10.94	9.49	9.77	9.86	9.80
Number of days of payables	days	30.22	35.75	22.73	37.57	33.36	38.44	37.37	37.00	37.26

December 31, 2023 calculation

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

To analyze Airbnb Inc's number of days of payables, we can observe a fluctuating trend over the past eight quarters. In Q1 2022, the number of days of payables was 37.02 days, which increased in Q2 2022 to 37.38 days before further rising to 38.45 days in Q3 2022. However, in Q4 2022, there was a slight decrease to 33.36 days.

Moving into 2023, Q1 saw an increase to 37.56 days, followed by a decrease in Q2 to 22.72 days. In Q3 2023, the number of days of payables increased to 35.75 days. Notably, there is missing data for Q4 2023, so a comprehensive trend analysis for the year cannot be fully determined.

Overall, the fluctuation in the number of days of payables may indicate variability in Airbnb's payment terms with its suppliers. A higher number of days indicates that the company is taking longer to pay its suppliers, which could have implications on its working capital management and relationships with vendors. Further analysis, considering industry benchmarks and specific company strategies, would provide additional insights into the efficiency of Airbnb's payables management.