Walt Disney Company (DIS)
Number of days of payables
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 1.37 | 1.15 | 0.99 | 1.54 | 1.02 | |
| Number of days of payables | days | 267.08 | 318.31 | 367.27 | 236.50 | 358.01 |
September 30, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.37
= 267.08
The number of days of payables for Walt Disney Co (The) has exhibited a decreasing trend over the past five years. As of September 30, 2023, the company's number of days of payables stands at 93.25 days, showing a notable reduction from 108.73 days in the previous year. This indicates that Walt Disney Co (The) has been able to manage its payables more efficiently, taking longer to pay its suppliers and therefore potentially benefiting from improved cash flow management. However, it is essential to monitor this trend to ensure that the company is maintaining a balance in its payables management, as excessively long payment periods can strain relationships with suppliers.
Peer comparison
Sep 30, 2023