The Trade Desk (BSP:T2TD34) Days Payable : 1,948.60 (As of Dec. 2023)

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What is The Trade Desk Days Payable?

The Trade Desk's average Accounts Payable for the three months ended in Dec. 2023 was R$10,536 Mil. The Trade Desk's Cost of Goods Sold for the three months ended in Dec. 2023 was R$493 Mil. Hence, The Trade Desk's Days Payable for the three months ended in Dec. 2023 was 1,948.60.

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

BSP:T2TD34' s Days Payable Range Over the Past 10 Years
Min: 1283.97 Med: 1988.51 Max: 2474.61
Current: 1942.11

During the past 10 years, The Trade Desk's highest Days Payable was 2474.61. The lowest was 1283.97. And the median was 1988.51.

BSP:T2TD34's Days Payable is ranked better than
97.5% of 2524 companies
in the Software industry
Industry Median: 50.7 vs BSP:T2TD34: 1942.11

The Trade Desk's Days Payable declined from Dec. 2022 (2,018.42) to Dec. 2023 (1,948.60). It may suggest that The Trade Desk accelerated paying its suppliers.

The Trade Desk Days Payable Historical Data

The historical data trend for The Trade Desk'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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The Trade Desk Days Payable Chart

The Trade Desk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,754.79

2,083.58

2,374.39

2,373.64

2,156.83

The Trade Desk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															2,018.42	1,914.84	1,944.27	1,870.29	1,948.60

Competitive Comparison of The Trade Desk's Days Payable

For the Software - Application subindustry, The Trade Desk'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.

The Trade Desk's Days Payable Distribution in the Software Industry

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

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

The Trade Desk 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.

The Trade Desk'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
=	( (9816.341	+	11354.395)	/	2 )	/	1791.357	*	365
=	10585.368					/	1791.357	*	365
=	2,156.83

The Trade Desk'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
=	( (9717.628	+	11354.395)	/	2 )	/	493.385	*	365 / 4
=	10536.0115					/	493.385	*	365 / 4
=	1,948.60

The Trade Desk Days Payable Related Terms

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The Trade Desk (BSP:T2TD34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (BSP:T2TD34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTD:USA TTD:Mexico TT8:Germany

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

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