Block (BSP:S2QU34) Days Payable

: 9.88 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Block's average Accounts Payable for the three months ended in Dec. 2023 was R$1,988 Mil. Block's Cost of Goods Sold for the three months ended in Dec. 2023 was R$18,361 Mil. Hence, Block's Days Payable for the three months ended in Dec. 2023 was 9.88.

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

BSP:S2QU34' s Days Payable Range Over the Past 10 Years
Min: 2.66 Med: 10.9 Max: 24.25
Current: 11.53

During the past 12 years, Block's highest Days Payable was 24.25. The lowest was 2.66. And the median was 10.90.

BSP:S2QU34's Days Payable is ranked worse than
90.33% of 2523 companies
in the Software industry
Industry Median: 51.48 vs BSP:S2QU34: 11.53

Block's Days Payable declined from Dec. 2022 (15.32) to Dec. 2023 (9.88). It may suggest that Block accelerated paying its suppliers.

Block Days Payable Historical Data

The historical data trend for Block'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.

Block Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

14.45

10.70

8.23

14.57

9.48

Block Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																15.32	14.77	11.78	13.02	9.88

Competitive Comparison

For the Software - Infrastructure subindustry, Block'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.

Block Days Payable Distribution

For the Software industry and Technology sector, Block's Days Payable distribution charts can be found below:

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

Block 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.

Block'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
=	( (2928.774	+	739.982)	/	2 )	/	70609.73	*	365
=	1834.378					/	70609.73	*	365
=	9.48

Block'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
=	( (3236.266	+	739.982)	/	2 )	/	18360.971	*	365 / 4
=	1988.124					/	18360.971	*	365 / 4
=	9.88

Block Days Payable Related Terms

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

Block (BSP:S2QU34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (BSP:S2QU34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BSQKZ:USA SQ:USA SQ:Mexico 1SQ:Italy 0L95:UK SQ3:Germany F8O:Germany F8O:Germany SQ3:Germany SQ3:Germany SQ3:Germany SQ2:Australia SQU:Austria

Address

1455 Market Street, Suite 600, San Francisco, CA, USA, 94103

Website

https://www.block.xyz

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.

Block (BSP:S2QU34) Headlines

No Headlines