Etsy (BSP:E2TS34) Days Payable : 131.71 (As of Mar. 2024)

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What is Etsy Days Payable?

Etsy's average Accounts Payable for the three months ended in Mar. 2024 was R$1,345 Mil. Etsy's Cost of Goods Sold for the three months ended in Mar. 2024 was R$932 Mil. Hence, Etsy's Days Payable for the three months ended in Mar. 2024 was 131.71.

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

BSP:E2TS34' s Days Payable Range Over the Past 10 Years
Min: 72.97 Med: 106.87 Max: 125.23
Current: 110.3

During the past 12 years, Etsy's highest Days Payable was 125.23. The lowest was 72.97. And the median was 106.87.

BSP:E2TS34's Days Payable is ranked better than
78.8% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs BSP:E2TS34: 110.30

Etsy's Days Payable increased from Mar. 2023 (113.64) to Mar. 2024 (131.71). It may suggest that Etsy delayed paying its suppliers.

Etsy Days Payable Historical Data

The historical data trend for Etsy'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.

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Etsy Days Payable Chart

Etsy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.58

97.55

116.82

129.98

126.98

Etsy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															113.64	114.80	113.13	95.13	131.71

Competitive Comparison of Etsy's Days Payable

For the Internet Retail subindustry, Etsy'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.

Etsy's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Etsy's Days Payable distribution charts can be found below:

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

Etsy 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.

Etsy'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
=	( (1378.061	+	1446.945)	/	2 )	/	4060.342	*	365
=	1412.503					/	4060.342	*	365
=	126.98

Etsy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1446.945	+	1243.277)	/	2 )	/	931.885	*	365 / 4
=	1345.111					/	931.885	*	365 / 4
=	131.71

Etsy Days Payable Related Terms

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Etsy (BSP:E2TS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Etsy Inc (BSP:E2TS34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ETSY:USA ETSY:Mexico 1ETSY:Italy 3E2:Germany 3E2:Germany 3E2:Germany ETSY:Austria

Address

117 Adams Street, Brooklyn, NY, USA, 11201

Website

https://www.etsy.com

Etsy operates a top-10 e-commerce marketplace operator in the U.S. and the U.K., with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.3 billion in 2022 consolidated gross merchandise volume, the firm has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2022, the firm connected more than 95 million buyers and 7.5 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

Etsy (BSP:E2TS34) Headlines

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