Amazon.com Inc (AMZN)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 407,692,000 | 399,530,000 | 393,764,000 | 390,337,000 | 387,561,000 | 258,994,000 | 255,260,000 | 251,344,000 | 247,115,000 | 361,795,000 | 351,546,000 | 346,950,000 | 341,030,000 | 327,431,000 | 318,249,000 | 302,516,000 | 281,894,000 | 255,353,000 | 238,956,000 | 222,642,000 |
| Payables | US$ in thousands | 94,363,000 | 84,570,000 | 81,817,000 | 73,068,000 | 84,981,000 | 72,004,000 | 69,481,000 | 66,907,000 | 79,600,000 | 67,760,000 | 71,219,000 | 68,547,000 | 78,664,000 | 71,474,000 | 66,090,000 | 63,926,000 | 72,539,000 | 58,334,000 | 51,036,000 | 40,056,000 |
| Payables turnover | 4.32 | 4.72 | 4.81 | 5.34 | 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 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $407,692,000K ÷ $94,363,000K
= 4.32
The payables turnover ratio of Amazon.com Inc has experienced some fluctuations over the reporting periods provided. The payables turnover ratio indicates how many times a company pays off its accounts payable during a specific period.
From March 31, 2020, to December 31, 2024, the payables turnover ratio varied between 3.10 and 5.56. The ratio peaked at 5.56 on March 31, 2020, indicating that Amazon was able to clear its accounts payable obligations 5.56 times during that period. The lowest ratio of 3.10 was observed on December 31, 2022, which reflects a slower pace of paying off suppliers and vendors.
Overall, the trend in the payables turnover ratio shows some volatility but generally stayed above 3.0, indicating a healthy ability to manage payables efficiently. It is essential to monitor this ratio over time to understand how effectively Amazon is managing its accounts payable and its relationships with suppliers.
Peer comparison
Dec 31, 2024