DoorDash, Inc. Class A Common Stock (DASH)

The analysis of DoorDash, Inc. Class A Common Stock's number of days of payables over the specified periods reveals notable fluctuations in the company's payable management practices. As of December 31, 2020, the company maintained an average payable period of approximately 21.35 days. This period increased to 25.13 days by the end of December 2021, indicating a tendency toward extending payment terms with suppliers or vendors during that year.

However, the payable days significantly decreased to 15.97 days by December 31, 2022, suggesting an improvement in payable management and potentially quicker settlement of liabilities. This trend could reflect strategic changes in cash flow management or vendor negotiations aimed at reducing outstanding payables.

Moving into 2023, the number of days of payables slightly increased again to 17.18 days, indicating a modest extension in repayment periods. By December 31, 2024, the payable period extended further to approximately 21.14 days, approaching the levels observed in 2020 and 2021, yet still remaining below the peak observed in 2021.

Overall, the pattern demonstrates variability in the company's management of accounts payable, with periods of extension and contraction. The fluctuations may be influenced by operational strategies, liquidity considerations, vendor relationships, or broader market conditions affecting short-term liabilities management.

Peer comparison

Dec 31, 2024