Trade Desk Inc (TTD)

The number of days of payables for Trade Desk Inc demonstrates a consistent decline over the observed period from December 31, 2020, to December 31, 2024. Specifically, the metric was 2,752.58 days at the end of 2020, which slightly decreased to 2,727.66 days by the end of 2021. This downward trend continued more markedly in subsequent years, with the figure declining to 2,429.78 days at the close of 2022, and further decreasing to 2,313.53 days at the end of 2023. By the end of 2024, the number of days of payables was recorded at 2,034.68 days.

This steady reduction in the days of payables indicates that the company has been increasingly paying its trade payables faster over the years. The decrement from approximately 2,753 days in 2020 to just over 2,035 days in 2024—an overall reduction of roughly 717 days—suggests an improvement in the company’s management of its accounts payable cycle. Such a trend may reflect enhanced liquidity, changes in supplier payment policies, or strategic efforts to optimize cash flow management. Overall, the data indicates a move towards shorter payable periods, which could impact the company’s short-term liquidity position positively, although it also warrants consideration of how it aligns with industry practices and supplier relationships.

Peer comparison

Dec 31, 2024