Walt Disney Company (DIS)
Payables turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 20,542,000 | 19,649,000 | 22,348,000 | 20,415,000 | 20,670,000 | 20,459,000 | 18,304,000 | 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 | 14,796,000 | — | — | — | 15,125,000 | — | — | — | 16,205,000 | — | — | — | 16,357,000 | — | — | — | 13,183,000 | — | — | — |
| Payables turnover | 1.39 | — | — | — | 1.37 | — | — | — | 1.15 | — | — | — | 0.99 | — | — | — | 1.54 | — | — | — |
September 30, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $20,542,000K ÷ $14,796,000K
= 1.39
The payables turnover ratio for Walt Disney Company shows a fluctuating trend over the past few periods. As of September 30, 2024, the payables turnover ratio stands at 1.39. This indicates that Walt Disney is able to pay off its suppliers approximately 1.39 times during the period, which reflects a relatively efficient management of payable obligations.
Looking back at the historical data available, there is a noticeable increase in the payables turnover ratio compared to the previous quarters. For example, as of June 30, 2023, the ratio was 1.37, suggesting a slight improvement in the efficiency of payables management.
However, the payables turnover ratio has exhibited some variability, with fluctuations observed in different quarters. For instance, as of December 31, 2021, the ratio was 0.99, indicating a potential delay in paying off suppliers during that period.
It would be important to monitor this ratio over time to assess whether the recent increase in the payables turnover ratio is a sustained trend or a short-term fluctuation. This ratio provides insights into how effectively Walt Disney is managing its payables and the relationships with its suppliers.
Peer comparison
Sep 30, 2024