Amazon.com Inc (AMZN)

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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		4.56	3.60	3.67	3.76	3.10	5.34	4.94	5.06	4.34	4.58	4.82	4.73	3.89	4.38	4.68	5.56	4.43	5.38	4.99	5.35
Number of days of payables	days	80.03	101.48	99.35	97.16	117.57	68.36	73.94	72.11	84.19	79.67	75.80	77.13	93.92	83.38	77.96	65.67	82.41	67.85	73.17	68.20

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.56
= 80.03

The number of days of payables for Amazon.com Inc. has shown some fluctuations over the past eight quarters. In Q4 2023, the number of days of payables was 101.79 days, which was higher compared to the previous quarter's figure of 88.24 days in Q3 2023. This indicates that the company took longer to pay its suppliers in the most recent quarter.

Looking back further, Q2 2023 and Q1 2023 also showed slightly higher numbers of days of payables at 86.53 days and 84.17 days, respectively. On average, Amazon.com Inc. took approximately 90 days to pay its suppliers during the first quarter of 2023.

Comparing the latest quarter to the same period in the previous year, there has been an increase in the number of days of payables as Q4 2022 had 100.59 days. However, the trend has been variable with figures as low as 86.47 days in Q3 2022 and as high as 93.28 days in Q2 2022.

Overall, the trend in Amazon.com Inc.'s number of days of payables suggests that the company has experienced some fluctuations in its payment practices to suppliers over the past year, with the most recent quarter showing an extended payment period. Further analysis would be needed to understand the potential reasons behind these fluctuations and their impact on the company's working capital management.