Grab Holdings (Grab Holdings) Days Payable : 130.70 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Grab Holdings Days Payable?

Grab Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $540 Mil. Grab Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $377 Mil. Hence, Grab Holdings's Days Payable for the three months ended in Dec. 2023 was 130.70.

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

GRAB' s Days Payable Range Over the Past 10 Years
Min: 27.38 Med: 45.53 Max: 147.61
Current: 147.61

During the past 5 years, Grab Holdings's highest Days Payable was 147.61. The lowest was 27.38. And the median was 45.53.

GRAB's Days Payable is ranked better than
77.42% of 2524 companies
in the Software industry
Industry Median: 50.7 vs GRAB: 147.61

Grab Holdings's Days Payable increased from Dec. 2022 (121.59) to Dec. 2023 (130.70). It may suggest that Grab Holdings delayed paying its suppliers.

Grab Holdings Days Payable Historical Data

The historical data trend for Grab Holdings'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.

Grab Holdings Days Payable Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

27.38

39.42

47.07

47.91

45.53

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										121.59	128.53	214.05	219.00	130.70

Competitive Comparison of Grab Holdings's Days Payable

For the Software - Application subindustry, Grab Holdings'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.

Grab Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Grab Holdings's Days Payable distribution charts can be found below:

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

Grab Holdings 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.

Grab Holdings'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
=	( (189	+	185)	/	2 )	/	1499	*	365
=	187					/	1499	*	365
=	45.53

Grab Holdings'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
=	( (895	+	185)	/	2 )	/	377	*	365 / 4
=	540					/	377	*	365 / 4
=	130.70

Grab Holdings Days Payable Related Terms

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

Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A6I:Germany A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.