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Pinterest (Pinterest) Days Payable : 38.57 (As of Dec. 2023)


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What is Pinterest Days Payable?

Pinterest's average Accounts Payable for the three months ended in Dec. 2023 was $75 Mil. Pinterest's Cost of Goods Sold for the three months ended in Dec. 2023 was $178 Mil. Hence, Pinterest's Days Payable for the three months ended in Dec. 2023 was 38.57.

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

PINS' s Days Payable Range Over the Past 10 Years
Min: 23.16   Med: 28.73   Max: 44.24
Current: 40.26

During the past 7 years, Pinterest's highest Days Payable was 44.24. The lowest was 23.16. And the median was 28.73.

PINS's Days Payable is ranked worse than
60.23% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs PINS: 40.26

Pinterest's Days Payable declined from Dec. 2022 (43.53) to Dec. 2023 (38.57). It may suggest that Pinterest accelerated paying its suppliers.


Pinterest Days Payable Historical Data

The historical data trend for Pinterest'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.

Pinterest Days Payable Chart

Pinterest Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 28.73 34.04 23.16 28.40 44.24

Pinterest 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 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 43.53 44.10 38.22 36.17 38.57

Competitive Comparison of Pinterest's Days Payable

For the Internet Content & Information subindustry, Pinterest'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.


Pinterest's Days Payable Distribution in the Interactive Media Industry

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

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



Pinterest 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.

Pinterest'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
=( (87.92 + 79.058) / 2 ) / 688.76*365
=83.489 / 688.76*365
=44.24

Pinterest'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
=( (71.49 + 79.058) / 2 ) / 178.096*365 / 4
=75.274 / 178.096*365 / 4
=38.57

* 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.


Pinterest Days Payable Related Terms

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


Pinterest (Pinterest) Business Description

Traded in Other Exchanges
Address
505 Brannan Street, San Francisco, CA, USA, 94107
Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from recipes to cook to destinations to travel to. Founded in 2010, the platform consists of a largely female audience, at roughly two thirds of its 450 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features.
Executives
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jeffrey D Jordan director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Christine Deputy officer: Chief People Officer 130 ROYALL STREET, CANTON MA 02021
Evan Sharp director, officer: Co-Founder & Chief Design & Cr 505 BRANNAN STREET, SAN FRANCISCO CA 94107
Sabrina Ellis officer: Chief Product Officer 651 BRANNAN ST., SAN FRANCISCO CA 94107
Wanjiku Juanita Walcott officer: Chief Legal Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Naveen Gavini officer: SVP, Products 505 BRANNAN ST., SAN FRANCISCO CA 94107
Scott F. Schenkel director C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Todd R Morgenfeld officer: Chief Financial Officer C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Benjamin Silbermann director, 10 percent owner, officer: Chairman, President, CEO, Co-F 505 BRANNAN STREET, SAN FRANCISCO CA 94107
Donnelly Julia Brau officer: Chief Financial Officer C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Malik Ducard officer: Chief Content Officer 651 BRANNAN ST., SAN FRANCISCO CA 94107
Marc Steinberg director 600 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
William J Ready director, officer: Chief Executive Officer C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Christine Flores officer: General Counsel 505 BRANNAN STREET, SAN FRANCISCO CA 94107

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