Netflix Inc (NFLX)
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 | 23.38 | 32.06 | 34.06 | 32.75 | 26.38 | 37.07 | 31.96 | 33.26 | 28.54 | 33.93 | 36.53 | 28.76 | 20.70 | 25.28 | 25.56 | 29.17 | 23.28 | 26.93 | 30.91 | 24.14 | |
| Number of days of payables | days | 15.61 | 11.39 | 10.72 | 11.15 | 13.84 | 9.85 | 11.42 | 10.98 | 12.79 | 10.76 | 9.99 | 12.69 | 17.64 | 14.44 | 14.28 | 12.51 | 15.68 | 13.55 | 11.81 | 15.12 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 23.38
= 15.61
Netflix Inc's number of days of payables has exhibited some fluctuations over the periods provided. The metric ranged from a low of 9.85 days on September 30, 2023, to a high of 17.64 days on December 31, 2021. Generally, the company has managed its payables effectively, with the metric hovering around an average of 12 to 15 days for most reporting periods. This indicates that Netflix is adept at managing its payment obligations to suppliers and vendors, potentially leveraging favorable payment terms while also maintaining healthy vendor relationships. The trend shows some variability, with occasional spikes and dips, yet the metric appears to be within a reasonable range compared to industry standards. Further analysis and comparison with peer companies would provide a more comprehensive understanding of Netflix's payables performance.
See also:
Netflix Inc Average Payables Payment Period (Quarterly Data)