Walt Disney Company (DIS)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 35,715,000 | 35,970,000 | 35,759,000 | 33,604,000 | 18,605,000 | 18,582,000 | 18,191,000 | 17,316,000 | 16,943,000 | 16,257,000 | 15,007,000 | 19,362,000 | 19,463,000 | 20,335,000 | 21,542,000 | 17,669,000 | 21,776,000 | |||
| Payables | US$ in thousands | — | 15,125,000 | — | — | — | 16,205,000 | — | — | — | 16,357,000 | — | — | — | 13,183,000 | — | — | — | 13,778,000 | — | — |
| Payables turnover | — | 2.38 | — | — | — | 1.15 | — | — | — | 0.99 | — | — | — | 1.54 | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $35,715,000K ÷ $—K
= —
Based on the payables turnover data provided for Walt Disney Company, the ratio has been fluctuating over the past few quarters. The payables turnover ratio indicates how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit with the average accounts payable during a period.
In the available data, there are specific quarters where the payables turnover ratio is provided, such as September 2023, March 2022, and September 2021. The payables turnover ratio of 2.38 in September 2023 signifies that Walt Disney Company converted its accounts payable into purchases 2.38 times during that quarter. This indicates that the company was efficient in managing its payables during that period.
However, there are several quarters where data for the payables turnover ratio is not available, such as December 2023, June 2023, and December 2022. This lack of data limits a more thorough analysis of the company's overall payables management performance.
Overall, to gain a deeper understanding of Walt Disney Company's payables turnover performance, it would be beneficial to have data for more quarters to identify trends and evaluate the company's ability to effectively manage its accounts payable over time.
Peer comparison
Dec 31, 2023