Meta Platforms's average Accounts Payable for the
three
months ended in Jun. 2022 was $3,627 Mil. Meta Platforms's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $5,192 Mil.
Hence, Meta Platforms's Days Payable for the
three
months ended in Jun. 2022 was 63.74.
The historical rank and industry rank for Meta Platforms's Days Payable or its related term are showing as below:
META'
s Days Payable Range Over the Past 10 Years
Min: 14.79 Med: 23.55 Max: 45.41
Current: 45.41
During the past 12 years, Meta Platforms's highest Days Payable was 45.41. The lowest was 14.79. And the median was 23.55.
META's Days Payable is ranked worse than 56.76% of 444
companies
in the Interactive Media industry
Industry Median: 55.04
vs META: 45.41
Meta Platforms's Days Payable
increased
from Jun. 2021 (15.64) to Jun. 2022 (63.74).
It may suggest that Meta Platforms delayed paying its suppliers.
Meta Platforms Days Payable Historical Data
The historical data trend for Meta Platforms'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.
Meta Platforms Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Days Payable
22.82
23.41
31.20
29.45
43.62
Meta Platforms Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Days Payable
15.64
25.05
45.12
55.68
63.74
Competitive Comparison
For the Internet Content & Information subindustry, Meta Platforms'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.
Meta Platforms Days Payable Distribution
For the Interactive Media industry and Communication Services sector, Meta Platforms's Days Payable distribution charts can be found below:
* The bar in red indicates where Meta Platforms's Days Payable falls into.
Meta Platforms 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.
Meta Platforms's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Meta Platforms Days Payable Related Terms
Thank you for viewing the detailed overview of Meta Platforms's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Meta is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Meta refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Meta operates at a 30%-plus margin.
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