Stock Analysis on Net

PayPal Holdings Inc. (NASDAQ:PYPL)

This company has been moved to the archive! The financial data has not been updated since May 9, 2023.

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

PayPal Holdings Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Turnover Ratios
Receivables turnover 29.03 28.58 30.43 30.44 30.38 31.71 33.38 34.41 33.93 37.18 42.11 43.09 44.33 40.86 40.86 43.12 38.86 49.36
Payables turnover 197.71 218.40 237.31 169.16 184.44 128.79 132.09 91.72 119.73 85.13 127.67 76.26 84.16 76.60 88.27 82.12 70.33 54.99
Working capital turnover 2.22 2.22 2.28 2.60 3.07 2.66 1.98 1.99 1.89 1.71 1.51 1.50 1.70 1.54 1.49 2.48 2.54 2.19
Average No. Days
Average receivable collection period 13 13 12 12 12 12 11 11 11 10 9 8 8 9 9 8 9 7
Average payables payment period 2 2 2 2 2 3 3 4 3 4 3 5 4 5 4 4 5 7

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. PayPal Holdings Inc. receivables turnover ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. PayPal Holdings Inc. payables turnover ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Working capital turnover An activity ratio calculated as revenue divided by working capital. PayPal Holdings Inc. working capital turnover ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.

Receivables Turnover

PayPal Holdings Inc., receivables turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Net revenues 7,040 7,383 6,846 6,806 6,483 6,918 6,182 6,238 6,033 6,116 5,459 5,261 4,618 4,961 4,378 4,305 4,128 4,226 3,683 3,857 3,685
Accounts receivable, net 967 963 889 867 850 800 736 693 674 577 482 446 412 435 417 379 409 313 412 283 258
Short-term Activity Ratio
Receivables turnover1 29.03 28.58 30.43 30.44 30.38 31.71 33.38 34.41 33.93 37.18 42.11 43.09 44.33 40.86 40.86 43.12 38.86 49.36
Benchmarks
Receivables Turnover, Competitors2
Adobe Inc. 9.99 8.53 9.98 10.51 9.58 8.41 9.77 9.74 9.00 9.20 9.44 8.82 8.40 7.28 7.76 7.94 7.12 6.86
Autodesk Inc. 11.89 6.13 7.26 11.29 11.94 5.89 6.76 7.22 9.61 5.02 5.98 8.44 10.24 5.42
Cadence Design Systems Inc. 7.54 7.32 8.78 8.38 8.72 8.85 9.09 7.41 7.21 7.93 8.40 7.79 8.37 7.67
CrowdStrike Holdings Inc. 4.43 3.94 4.54 4.27 4.73 3.66 4.41 4.38 3.91 2.92
International Business Machines Corp. 10.52 9.25 10.95 10.17 9.79 8.49 9.23 9.57 10.72 10.32 12.30 11.54 11.05 9.80
Intuit Inc. 34.68 28.53 17.44 12.84 25.10 24.64 16.04 16.60 79.16 51.54 31.31 11.82 66.66 77.98
Microsoft Corp. 6.49 4.48 5.90 5.52 6.44 4.42 6.08 5.61 6.44 4.47 6.11 5.71 6.80 4.26
Oracle Corp. 7.44 7.13 9.12 9.28 9.11 7.48 8.56 8.91 8.57 7.04 9.55 9.77 10.35 7.69
Palo Alto Networks Inc. 4.70 2.57 4.17 5.10 5.61 3.43 5.20 5.65 5.30 3.29 4.88 5.78 6.04 4.98
Salesforce Inc. 7.07 2.72 6.22 5.78 7.04 2.73 6.12 5.63 5.93 2.77 6.16 6.32 6.51 2.70
ServiceNow Inc. 6.87 4.20 7.71 7.74 7.59 4.24 7.13 6.62 7.49 4.48 6.69 6.26 6.04 4.14
Synopsys Inc. 5.00 6.38 7.25 6.58 4.34 7.40 7.06 6.51 4.84 4.72 5.50 5.36 4.22 6.07 7.23 6.14 4.16 5.63

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Receivables turnover = (Net revenuesQ1 2023 + Net revenuesQ4 2022 + Net revenuesQ3 2022 + Net revenuesQ2 2022) ÷ Accounts receivable, net
= (7,040 + 7,383 + 6,846 + 6,806) ÷ 967 = 29.03

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. PayPal Holdings Inc. receivables turnover ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023.

Payables Turnover

PayPal Holdings Inc., payables turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Net revenues 7,040 7,383 6,846 6,806 6,483 6,918 6,182 6,238 6,033 6,116 5,459 5,261 4,618 4,961 4,378 4,305 4,128 4,226 3,683 3,857 3,685
Accounts payable 142 126 114 156 140 197 186 260 191 252 159 252 217 232 193 199 226 281 247 201 187
Short-term Activity Ratio
Payables turnover1 197.71 218.40 237.31 169.16 184.44 128.79 132.09 91.72 119.73 85.13 127.67 76.26 84.16 76.60 88.27 82.12 70.33 54.99
Benchmarks
Payables Turnover, Competitors2
Accenture PLC 17.54 16.37 16.93 17.22 16.45 15.03 16.92 17.94 20.16 22.48 21.75 20.11 19.17 18.16
Adobe Inc. 7.21 5.71 6.66 5.53 6.54 5.98 5.40 5.60 6.76 5.63 7.62 6.00 6.52 7.98 8.45 8.63 9.18 6.42
Autodesk Inc. 3.28 3.46 2.96 3.44 2.81 2.75 2.72 3.28 3.80 3.88 3.00 3.35 3.08 2.81
CrowdStrike Holdings Inc. 39.15 8.05 47.07 15.13 75.30 19.03 27.52 17.99 24.39 105.30
International Business Machines Corp. 7.44 6.87 7.35 7.40 7.69 6.54 6.71 7.47 8.35 7.75 9.76 8.36 9.63 8.30
Intuit Inc. 3.98 3.26 2.52 2.31 3.47 2.70 2.56 2.82 5.25 4.52 3.48 2.78 4.45 4.26
Microsoft Corp. 3.88 3.30 3.74 3.76 3.70 3.44 3.77 3.80 3.73 3.68 4.78 4.92 5.06 4.57
Oracle Corp. 6.72 6.74 7.65 8.03 10.79 10.54 9.49 10.71 14.72 12.46 15.07 15.07 16.46 13.78
Palo Alto Networks Inc. 14.30 13.43 14.68 12.25 14.46 22.41 16.80 25.37 21.85 15.72 17.72 15.76 11.28 11.03
ServiceNow Inc. 7.20 5.74 7.86 5.60 8.57 15.20 19.64 11.82 9.75 28.83 17.87 10.13 11.28 15.04

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Payables turnover = (Net revenuesQ1 2023 + Net revenuesQ4 2022 + Net revenuesQ3 2022 + Net revenuesQ2 2022) ÷ Accounts payable
= (7,040 + 7,383 + 6,846 + 6,806) ÷ 142 = 197.71

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. PayPal Holdings Inc. payables turnover ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Working Capital Turnover

PayPal Holdings Inc., working capital turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Current assets 56,560 57,517 55,105 55,252 52,382 52,574 54,130 53,231 53,432 50,995 48,704 46,500 38,184 38,495 37,748 36,435 34,891 32,963 33,990 34,184 34,742
Less: Current liabilities 43,909 45,101 43,228 45,095 43,967 43,029 41,695 41,268 41,340 38,447 35,246 33,729 27,449 26,919 26,340 29,847 28,635 25,904 26,640 24,809 25,714
Working capital 12,651 12,416 11,877 10,157 8,415 9,545 12,435 11,963 12,092 12,548 13,458 12,771 10,735 11,576 11,408 6,588 6,256 7,059 7,350 9,375 9,028
 
Net revenues 7,040 7,383 6,846 6,806 6,483 6,918 6,182 6,238 6,033 6,116 5,459 5,261 4,618 4,961 4,378 4,305 4,128 4,226 3,683 3,857 3,685
Short-term Activity Ratio
Working capital turnover1 2.22 2.22 2.28 2.60 3.07 2.66 1.98 1.99 1.89 1.71 1.51 1.50 1.70 1.54 1.49 2.48 2.54 2.19
Benchmarks
Working Capital Turnover, Competitors2
Accenture PLC 14.81 15.07 13.41 15.55 15.85 12.77 7.71 8.35 7.70 8.71 10.32 10.56 9.98 9.85
Adobe Inc. 19.89 20.28 16.36 31.92 57.86 9.09 6.22 7.44 8.67 4.89 5.51 8.11 9.50 16.24
Autodesk Inc.
Cadence Design Systems Inc. 7.12 9.92 8.31 5.34 4.07 4.01 4.68 5.45 5.03 3.94 4.08 4.99 6.14 4.70
CrowdStrike Holdings Inc. 1.32 1.25 1.15 1.02 0.95 0.61 1.19 0.92 0.81 0.71
International Business Machines Corp. 12.14 40.51 49.97 107.30
Intuit Inc. 10.83 8.98 5.68 21.87 4.39 3.85 3.40 5.45 1.74 1.73 3.19 4.80 4.93 4.17
Microsoft Corp. 2.77 2.66 2.52 1.91 1.88 1.76 1.71 1.44 1.37 1.30 1.24 1.25 1.20 1.19
Oracle Corp. 3.50 3.86 3.39 1.70 1.29 1.69 1.58 1.26 1.12 2.25 1.98 1.68 1.42
Palo Alto Networks Inc. 3.52 2.15 1.40 4.81 1.80 1.89 1.80
Salesforce Inc. 54.57 24.95 27.10 4.36 5.11 7.48 10.29 9.75 15.29 28.71
ServiceNow Inc. 7.83 11.16 6.63 11.21 10.61 21.76 11.15 16.31 5.62 5.76 3.73 8.10 43.84 46.69
Synopsys Inc. 17.05 21.34 14.02 7.78 9.47 10.65 9.50 9.18 16.88 9.00 27.06

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Working capital turnover = (Net revenuesQ1 2023 + Net revenuesQ4 2022 + Net revenuesQ3 2022 + Net revenuesQ2 2022) ÷ Working capital
= (7,040 + 7,383 + 6,846 + 6,806) ÷ 12,651 = 2.22

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. PayPal Holdings Inc. working capital turnover ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023.

Average Receivable Collection Period

PayPal Holdings Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data
Receivables turnover 29.03 28.58 30.43 30.44 30.38 31.71 33.38 34.41 33.93 37.18 42.11 43.09 44.33 40.86 40.86 43.12 38.86 49.36
Short-term Activity Ratio (no. days)
Average receivable collection period1 13 13 12 12 12 12 11 11 11 10 9 8 8 9 9 8 9 7
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Adobe Inc. 37 43 37 35 38 43 37 37 41 40 39 41 43 50 47 46 51 53
Autodesk Inc. 31 60 50 32 31 62 54 51 38 73 61 43 36 67
Cadence Design Systems Inc. 48 50 42 44 42 41 40 49 51 46 43 47 44 48
CrowdStrike Holdings Inc. 82 93 80 85 77 100 83 83 93 125
International Business Machines Corp. 35 39 33 36 37 43 40 38 34 35 30 32 33 37
Intuit Inc. 11 13 21 28 15 15 23 22 5 7 12 31 5 5
Microsoft Corp. 56 81 62 66 57 83 60 65 57 82 60 64 54 86
Oracle Corp. 49 51 40 39 40 49 43 41 43 52 38 37 35 47
Palo Alto Networks Inc. 78 142 88 72 65 106 70 65 69 111 75 63 60 73
Salesforce Inc. 52 134 59 63 52 134 60 65 62 132 59 58 56 135
ServiceNow Inc. 53 87 47 47 48 86 51 55 49 82 55 58 60 88
Synopsys Inc. 73 57 50 55 84 49 52 56 75 77 66 68 86 60 51 59 88 65

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 29.03 = 13

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.

Average Payables Payment Period

PayPal Holdings Inc., average payables payment period calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data
Payables turnover 197.71 218.40 237.31 169.16 184.44 128.79 132.09 91.72 119.73 85.13 127.67 76.26 84.16 76.60 88.27 82.12 70.33 54.99
Short-term Activity Ratio (no. days)
Average payables payment period1 2 2 2 2 2 3 3 4 3 4 3 5 4 5 4 4 5 7
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Accenture PLC 21 22 22 21 22 24 22 20 18 16 17 18 19 20
Adobe Inc. 51 64 55 66 56 61 68 65 54 65 48 61 56 46 43 42 40 57
Autodesk Inc. 111 105 123 106 130 133 134 111 96 94 122 109 119 130
CrowdStrike Holdings Inc. 9 45 8 24 5 19 13 20 15 3
International Business Machines Corp. 49 53 50 49 47 56 54 49 44 47 37 44 38 44
Intuit Inc. 92 112 145 158 105 135 142 129 70 81 105 131 82 86
Microsoft Corp. 94 111 98 97 99 106 97 96 98 99 76 74 72 80
Oracle Corp. 54 54 48 45 34 35 38 34 25 29 24 24 22 26
Palo Alto Networks Inc. 26 27 25 30 25 16 22 14 17 23 21 23 32 33
ServiceNow Inc. 51 64 46 65 43 24 19 31 37 13 20 36 32 24

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 197.71 = 2

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.