Philip Morris International (Philip Morris International) Change In Receivables

: $314 Mil (TTM As of Dec. 2023)

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Philip Morris International's change in receivables for the quarter that ended in Dec. 2023 was $581 Mil. It means Philip Morris International's Accounts Receivable declined by $581 Mil from Sep. 2023 to Dec. 2023 .

Philip Morris International's change in receivables for the fiscal year that ended in Dec. 2023 was $314 Mil. It means Philip Morris International's Accounts Receivable declined by $314 Mil from Dec. 2022 to Dec. 2023 .

Philip Morris International's Accounts Receivable for the quarter that ended in Dec. 2023 was $3,461 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Philip Morris International's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Philip Morris International's liquidation value for the three months ended in Dec. 2023 was $-63,707 Mil.

Philip Morris International Change In Receivables Historical Data

The historical data trend for Philip Morris International's Change In Receivables 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-331.00

26.00

-198.00

-871.00

314.00

Philip Morris International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																92.00	245.00	-537.00	25.00	581.00

Philip Morris International Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $314 Mil.

Philip Morris International (NYSE:PM) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Philip Morris International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3461	/	9047	*	91
=	34.91

2. In Ben Graham's calculation of liquidation value, Philip Morris International's accounts receivable are only considered to be worth 75% of book value:

Philip Morris International's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3060	-	74750	+	0.75 * 3461	+	0.5 * 10774
=	-63,707

Philip Morris International Change In Receivables Related Terms

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Philip Morris International (Philip Morris International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (NYSE:PM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PM:Mexico 1PM:Italy 0M8V:UK 4I1:Germany 4I1:Germany 4I1:Germany PMI:Switzerland 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.

Executives

Wilde Frederic De	officer: Sr. VP, Marketing & Sales	120 PARK AVENUE, NEW YORK NY 10017
Yann Guerin	officer: SVP & Global Head of L&C	677 WASHINGTON BLVD., SUITE 1100, STAMFORD CT 06901
Werner Barth	officer: Sr. VP, Marketing and Sales	120 PARK AVENUE, NEW YORK NY 10017
Lars Dahlgren	officer: Pres. Smoke-Free Oral Products	677 WASHINGTON BLVD., STAMFORD CT 06896
Dessislava Temperley	director	C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Reginaldo Dobrowolski	officer: Vice President and Controller	677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901
Martin G. King	officer: SVP Operations	120 PARK AVENUE, NEW YORK NY 10017
Paul Riley	officer: Pres East Asia & Australia	120 PARK AVENUE, NEW YORK NY 10017
Drago Azinovic	officer: Pres., European Union Region	120 PARK AVENUE, NEW YORK NY 10017
Mario Masseroli	officer: Pres., Latin America & Canada	120 PARK AVENUE, NEW YORK NY 10017
Juan J. Daboub	director	5100 W. 115TH PLACE, LEAWOOD KS 66211
Shlomo Yanai	director	ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Stacey Kennedy	officer: Pres. South & Southeast Asia	120 PARK AVENUE, NEW YORK NY 10017
Charles Bendotti	officer: Senior VP, Human Resources	120 PARK AVENUE, NEW YORK NY 10017
Andre Calantzopoulos	director, officer: President & CEO	677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901