Twitter (LTS:0QZB) Days Payable : 28.91 (As of Jun. 2022)

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What is Twitter Days Payable?

Twitter's average Accounts Payable for the three months ended in Jun. 2022 was $171 Mil. Twitter's Cost of Goods Sold for the three months ended in Jun. 2022 was $541 Mil. Hence, Twitter's Days Payable for the three months ended in Jun. 2022 was 28.91.

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

LTS:0QZB's Days Payable is not ranked ^*
in the Interactive Media industry.
Industry Median: 60.97
* Ranked among companies with meaningful Days Payable only.

Twitter's Days Payable declined from Jun. 2021 (59.68) to Jun. 2022 (28.91). It may suggest that Twitter accelerated paying its suppliers.

Twitter Days Payable Historical Data

The historical data trend for Twitter'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.

Twitter Days Payable Chart

Twitter Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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62.13

59.79

49.17

47.47

40.35

Twitter Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Payable	Get a 7-Day Free Trial															59.68	50.23	36.41	35.31	28.91

Competitive Comparison of Twitter's Days Payable

For the Internet Content & Information subindustry, Twitter'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.

Twitter's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Twitter's Days Payable distribution charts can be found below:

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

Twitter 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.

Twitter's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (194.281	+	203.171)	/	2 )	/	1797.51	*	365
=	198.726					/	1797.51	*	365
=	40.35

Twitter's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (189.524	+	153.092)	/	2 )	/	540.676	*	365 / 4
=	171.308					/	540.676	*	365 / 4
=	28.91

Twitter Days Payable Related Terms

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Twitter (LTS:0QZB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Twitter Inc (LTS:0QZB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1355 Market Street, Suite 900, San Francisco, CA, USA, 94103

Website

https://www.twitter.com

Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph. Many prominent celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%).

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