Meta Platforms Inc. (META)

Number of days of payables

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 Mar 31, 2020
Payables turnover 3.92 3.79 8.78 7.00 4.54 5.17 6.75 5.56 4.13 4.80 4.67 5.63 4.41 6.93 10.37 9.75 12.54 13.54 15.15 16.18
Number of days of payables days 93.02 96.30 41.58 52.15 80.32 70.56 54.04 65.61 88.28 76.04 78.12 64.88 82.75 52.67 35.19 37.45 29.10 26.96 24.10 22.56

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.92
= 93.02

The number of days of payables for Meta Platforms Inc. has shown fluctuating trends over the past few years. The company's payables turnover period ranged from a low of 22.56 days as of March 31, 2020, to a high of 96.30 days as of September 30, 2024.

The trend indicates that Meta Platforms Inc. has been taking longer periods to pay its payables in recent years. This could be attributed to various factors such as changes in payment terms with suppliers, fluctuations in business operations, or strategic decisions regarding cash flow management.

Analyzing the data reveals that there have been peaks and troughs in the number of days of payables throughout the observed period. It is important for investors and stakeholders to monitor this metric as it can provide insights into the company's liquidity management, supplier relationships, and overall financial health. Further analysis and comparison with industry benchmarks may help in understanding Meta Platforms Inc.'s payment practices and financial performance in relation to its peers.

See also:

Meta Platforms Inc. Average Payables Payment Period (Quarterly Data)