Twilio Inc (TWLO)

Number of days of payables

Jun 30, 2025 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
Payables turnover 31.67 21.49 22.25 30.63 34.86 26.36 18.28 20.86 23.17 17.56 16.54 19.08 18.05 18.06 16.61 17.93 11.28 15.62 14.74 19.44
Number of days of payables days 11.52 16.98 16.40 11.92 10.47 13.85 19.97 17.49 15.75 20.78 22.06 19.13 20.22 20.21 21.97 20.35 32.35 23.36 24.76 18.78

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 31.67
= 11.52

The trend of Twilio Inc.’s days of payables from September 2020 through June 2025 demonstrates notable fluctuations over the observed period. Initially, the number of days payable increased from 18.78 days in September 2020 to a peak of 32.35 days in June 2021, indicating a tendency to delay payments to suppliers during this period. This upward movement may reflect strategic supplier payment management, potentially to optimize cash flow or due to changing credit terms.

Subsequently, from September 2021 onward, there was a general reduction in days payable, with some oscillations. Notably, the value slightly decreased to around 15.75 days by June 2023, before trending upward slightly again to approximately 19.97 days by December 2023. The most recent data shows a significant decline to approximately 10.47 days in June 2024, indicating a move towards faster payment cycles.

In the subsequent quarters, the days payable increased to around 11.92 days in September 2024 and then further to approximately 16.40 days in December 2024. The data suggests a pattern of short-term acceleration and subsequent deceleration in payment terms, with values fluctuating between approximately 11.5 and 17 days into mid-2025.

Overall, the data reflects periods of both extended and shortened payment cycles, with the most recent trend indicating shorter payable periods than during the earlier years. This variability may be influenced by changes in supplier agreements, liquidity management strategies, or industry-specific payment norms.