Expedia Group Inc. (EXPE)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		9.03	8.18	9.16	9.62	12.46
Number of days of payables	days	40.44	44.64	39.85	37.96	29.29

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.03
= 40.44

The number of days of payables for Expedia Group Inc. has shown an increasing trend over the past five years.

As of December 31, 2020, the company's number of days of payables was 29.29 days. This increased to 37.96 days as of December 31, 2021, indicating that the company took longer to pay its suppliers and vendors.

Further, by December 31, 2022, the number of days of payables had increased to 39.85 days, and by December 31, 2023, it reached 44.64 days. This continued rise suggests a significant elongation in the time taken by Expedia Group Inc. to settle its outstanding obligations.

However, by December 31, 2024, the number of days of payables slightly decreased to 40.44 days, indicating a possible effort by the company to manage its payables more efficiently.

Overall, the trend in Expedia Group Inc.'s number of days of payables suggests a gradual increase in the time taken to pay suppliers, which can have implications for the company's working capital management and relationships with vendors.