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Roblox (BSP:R2BL34) Days Payable : 27.60 (As of Mar. 2024)


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What is Roblox Days Payable?

Roblox's average Accounts Payable for the three months ended in Mar. 2024 was R$269 Mil. Roblox's Cost of Goods Sold for the three months ended in Mar. 2024 was R$891 Mil. Hence, Roblox's Days Payable for the three months ended in Mar. 2024 was 27.60.

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

BSP:R2BL34' s Days Payable Range Over the Past 10 Years
Min: 11.74   Med: 34.48   Max: 90.35
Current: 42

During the past 6 years, Roblox's highest Days Payable was 90.35. The lowest was 11.74. And the median was 34.48.

BSP:R2BL34's Days Payable is ranked worse than
60.28% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs BSP:R2BL34: 42.00

Roblox's Days Payable declined from Mar. 2023 (57.67) to Mar. 2024 (27.60). It may suggest that Roblox accelerated paying its suppliers.


Roblox Days Payable Historical Data

The historical data trend for Roblox'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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Roblox Days Payable Chart

Roblox Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 30.59 11.21 27.67 46.85 38.32

Roblox Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.67 56.85 44.17 39.22 27.60

Competitive Comparison of Roblox's Days Payable

For the Electronic Gaming & Multimedia subindustry, Roblox'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.


Roblox's Days Payable Distribution in the Interactive Media Industry

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

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



Roblox 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.

Roblox'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
=( (373.378 + 294.414) / 2 ) / 3180.534*365
=333.896 / 3180.534*365
=38.32

Roblox'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
=( (294.414 + 244.399) / 2 ) / 890.717*365 / 4
=269.4065 / 890.717*365 / 4
=27.60

* 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.


Roblox Days Payable Related Terms

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Roblox (BSP:R2BL34) Business Description

Traded in Other Exchanges
Address
970 Park Place, San Mateo, CA, USA, 94403
Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.

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