Warner Bros Discovery Inc (WBD)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 34.09 | 29.07 | 24.88 | 20.23 | 17.24 | |
| Number of days of payables | days | 10.71 | 12.56 | 14.67 | 18.04 | 21.18 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 34.09
= 10.71
Warner Bros. Discovery Inc's number of days of payables have shown a decreasing trend over the past five years, indicating a more efficient management of trade payables. As of December 31, 2023, the company took, on average, approximately 18.75 days to pay its suppliers, a significant improvement from 44.25 days in 2019. This decreasing trend suggests that Warner Bros. Discovery Inc is managing its accounts payables more effectively, potentially negotiating better payment terms with suppliers or streamlining its payment processes. This could lead to improved cash flow management and potentially better relationships with suppliers. It is important to continue monitoring this ratio to ensure sustainable and efficient payables management.
Peer comparison
Dec 31, 2023