Electronic Arts Inc (EA)
Payables turnover
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 1,560,000 | 1,592,000 | 1,665,000 | 1,665,000 | 1,753,000 | 1,801,000 | 1,840,000 | 1,846,000 | 1,792,000 | 1,763,000 | 1,826,000 | 1,858,000 | 1,859,000 | 1,759,000 | 1,729,000 | 1,521,000 | 1,494,000 | 1,444,000 | 1,351,000 | 1,470,000 |
Payables | US$ in thousands | 105,000 | 81,000 | 171,000 | 80,000 | 110,000 | 62,000 | 152,000 | 75,000 | 99,000 | 62,000 | 136,000 | 70,000 | 101,000 | 86,000 | 136,000 | 73,000 | 96,000 | 89,000 | 164,000 | 51,000 |
Payables turnover | 14.86 | 19.65 | 9.74 | 20.81 | 15.94 | 29.05 | 12.11 | 24.61 | 18.10 | 28.44 | 13.43 | 26.54 | 18.41 | 20.45 | 12.71 | 20.84 | 15.56 | 16.22 | 8.24 | 28.82 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,560,000K ÷ $105,000K
= 14.86
The payables turnover ratio for Electronic Arts Inc has shown fluctuations over the reporting periods. The ratio indicates the company's ability to efficiently manage its accounts payable by paying off its suppliers.
From June 30, 2020, to December 31, 2020, the payables turnover ratio increased consistently. However, it decreased in September 30, 2021, before rebounding in the subsequent quarters. The peak ratio was observed on December 31, 2023, at 29.05, indicating a high turnover of payables during that period.
Overall, Electronic Arts Inc has shown variations in its payables turnover ratio. Investors and analysts should monitor these changes to assess the company's efficiency in managing its accounts payable and its relationships with suppliers.
Peer comparison
Mar 31, 2025