Amazon.com Inc (AMZN)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.32 | 4.56 | 4.67 | 4.34 | 3.89 | |
| Number of days of payables | days | 84.48 | 79.98 | 78.08 | 84.19 | 93.93 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.32
= 84.48
To analyze Amazon.com Inc's number of days of payables over the past five years, we observe a gradual reduction in the number of days it takes the company to pay its suppliers. Starting at 93.93 days as of December 31, 2020, the number decreased to 84.19 days by December 31, 2021, indicating an improvement in the efficiency of managing payables.
Further, this trend continued with the number of days of payables decreasing to 78.08 days by December 31, 2022, showcasing a more streamlined approach in managing supplier obligations. However, by December 31, 2023, the number of days of payables slightly increased to 79.98 days, but still remained lower compared to the initial data points.
By December 31, 2024, the number of days of payables increased to 84.48 days, illustrating a slight reversal in the downward trend observed in the previous two years. Overall, the decreasing trend in the early years followed by a slight increase in recent years suggests Amazon.com Inc has been efficient in managing its payables, although there was a slight deviation in the most recent year.
Peer comparison
Dec 31, 2024