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Mastercard (Mastercard) Days Payable

: 42.49 (As of Dec. 2023)
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Mastercard's average Accounts Payable for the three months ended in Dec. 2023 was $712 Mil. Mastercard's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,528 Mil. Hence, Mastercard's Days Payable for the three months ended in Dec. 2023 was 42.49.

The historical rank and industry rank for Mastercard's Days Payable or its related term are showing as below:

MA' s Days Payable Range Over the Past 10 Years
Min: 45.18   Med: 62.32   Max: 104.73
Current: 45.18

During the past 13 years, Mastercard's highest Days Payable was 104.73. The lowest was 45.18. And the median was 62.32.

MA's Days Payable is ranked worse than
52.13% of 282 companies
in the Credit Services industry
Industry Median: 48.325 vs MA: 45.18

Mastercard's Days Payable declined from Dec. 2022 (50.91) to Dec. 2023 (42.49). It may suggest that Mastercard accelerated paying its suppliers.


Mastercard Days Payable Historical Data

The historical data trend for Mastercard's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mastercard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.94 48.96 51.43 57.70 53.34

Mastercard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.91 53.14 42.05 35.73 42.49

Competitive Comparison

For the Credit Services subindustry, Mastercard's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mastercard Days Payable Distribution

For the Credit Services industry and Financial Services sector, Mastercard's Days Payable distribution charts can be found below:

* The bar in red indicates where Mastercard's Days Payable falls into.



Mastercard Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mastercard's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (926 + 834) / 2 ) / 6022*365
=880 / 6022*365
=53.34

Mastercard's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (589 + 834) / 2 ) / 1528*365 / 4
=711.5 / 1528*365 / 4
=42.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mastercard Days Payable Related Terms

Thank you for viewing the detailed overview of Mastercard's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mastercard (Mastercard) Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Executives
Ajay Bhalla officer: President Cyber & Intelligence 2000 PURCHASE STREET, PURCHASE NY 10577
Craig Vosburg officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
Edward Grunde Mclaughlin officer: President, Operations & Tech 2000 PURCHASE STREET, PURCHASE NY 10577
Foundation Mastercard 10 percent owner 250 YONGE STREET, SUITE 2400, TORONTO A6 M5B 2L7
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
J. Mehra Sachin officer: Chief Financial Officer HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hai Ling officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Timothy H Murphy officer: General Counsel 2000 PURCHASE STREET, PURCHASE NY 10577
Raj Seshadri officer: President, Data & Services 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Raghuvir Malhotra officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Michael Miebach officer: Chief Product Officer 2000 PURCHASE STREET, PURCHASE NY 10577
Linda Pistecchia Kirkpatrick officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
Harit Talwar director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Sandra A Arkell officer: Controller 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Candido Bracher director 2000 PURCHASE STREET, PURCHASE NY 10577