Philip Morris International (XSWX:PMI) Accounts Payable & Accrued Expense : CHF15,960 Mil (As of Dec. 2023)

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What is Philip Morris International Accounts Payable & Accrued Expense?

Philip Morris International's quarterly accounts payable & accrued expense declined from Jun. 2023 (CHF14,162 Mil) to Sep. 2023 (CHF14,047 Mil) but then increased from Sep. 2023 (CHF14,047 Mil) to Dec. 2023 (CHF15,960 Mil).

Philip Morris International's annual accounts payable & accrued expense increased from Dec. 2021 (CHF13,894 Mil) to Dec. 2022 (CHF16,694 Mil) but then declined from Dec. 2022 (CHF16,694 Mil) to Dec. 2023 (CHF15,960 Mil).

Philip Morris International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philip Morris International's Accounts Payable & Accrued Expense 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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Philip Morris International Accounts Payable & Accrued Expense Chart

Philip Morris International Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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13,168.81

13,377.53

13,894.21

16,694.27

15,959.88

Philip Morris International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															14,198.10	14,162.39	14,047.25	15,959.88	-

Philip Morris International Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Philip Morris International (XSWX:PMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (XSWX:PMI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PM:USA PM:Mexico 1PM:Italy 0M8V:UK 4I1:Germany PHMO34:Brazil PMOR:Austria

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.

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