Booking Holdings Inc (BKNG)

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		2.78	3.73	5.05	4.90	3.93	4.36	3.90	5.30	4.52	4.51	6.31	9.62	8.67	5.44	8.34	5.24	2.84	2.69	2.59	3.44
Number of days of payables	days	131.08	97.94	72.22	74.52	92.97	83.74	93.56	68.93	80.75	80.91	57.83	37.94	42.10	67.10	43.79	69.72	128.70	135.81	140.82	106.01

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.78
= 131.08

To analyze Booking Holdings Inc's number of days of payables, we need data regarding accounts payable and cost of goods sold (COGS). Unfortunately, the table provided does not contain the specific values required to calculate this ratio.

Number of days of payables is usually calculated using the formula:
Number of days of payables = (Accounts Payable / COGS) x 365

This ratio indicates how long it takes a company to pay its accounts payable, with a lower number of days indicating a faster payment cycle and potentially better liquidity management.

In the absence of the necessary data, a detailed analysis of Booking Holdings Inc's number of days of payables cannot be provided. To perform a thorough assessment of the company's payables management efficiency, we would require details on the accounts payable and COGS from the respective periods mentioned in the table.