Comcast Corp (CMCSA)
Number of days of payables
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 1.34 | 1.25 | 1.22 | 1.22 | 1.16 | 1.20 | 1.91 | 1.92 | 1.86 | 2.09 | 1.56 | 1.65 | 1.81 | 1.83 | 1.82 | 1.85 | 1.83 | 1.92 | 2.04 | 2.19 | |
Number of days of payables | days | 271.58 | 290.99 | 300.10 | 298.92 | 313.65 | 305.08 | 191.26 | 189.98 | 196.62 | 174.58 | 233.64 | 220.96 | 201.35 | 199.96 | 200.01 | 196.95 | 199.41 | 190.40 | 179.01 | 166.90 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.34
= 271.58
Comcast Corp's number of days of payables, a measure of how long the company takes to pay its suppliers, has shown fluctuating trends over the analyzed period.
Between March 31, 2020, and December 31, 2020, the number of days of payables gradually increased from 166.90 days to 199.41 days. However, in the first half of 2021, there was a slight increase to 200.01 days, followed by a dip to 196.95 days by March 31, 2021.
From June 30, 2021, to December 31, 2021, the number of days of payables showed a gradual increasing trend, reaching 201.35 days. The trend continued into the first half of 2022, peaking at 233.64 days by June 30, 2022. Subsequently, the metric decreased to 174.58 days by September 30, 2022, but rebounded to 196.62 days by December 31, 2022.
In the following periods, there were notable fluctuations in the number of days of payables, with peaks observed on September 30, 2023 (305.08 days) and December 31, 2023 (313.65 days). This increase was followed by a decline to 271.58 days by December 31, 2024.
Overall, Comcast Corp's number of days of payables has seen variations over the analyzed period, highlighting the company's changing payment practices and possibly its relationships with suppliers.
Peer comparison
Dec 31, 2024
See also:
Comcast Corp Average Payables Payment Period (Quarterly Data)