Altria Group (BUE:MO) Days Payable : 31.62 (As of Dec. 2023)

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What is Altria Group Days Payable?

Altria Group's average Accounts Payable for the three months ended in Dec. 2023 was ARS190,789 Mil. Altria Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS550,525 Mil. Hence, Altria Group's Days Payable for the three months ended in Dec. 2023 was 31.62.

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

BUE:MO' s Days Payable Range Over the Past 10 Years
Min: 16.46 Med: 19.35 Max: 33.28
Current: 29.23

During the past 13 years, Altria Group's highest Days Payable was 33.28. The lowest was 16.46. And the median was 19.35.

BUE:MO's Days Payable is ranked worse than
75.51% of 49 companies
in the Tobacco Products industry
Industry Median: 45.42 vs BUE:MO: 29.23

Altria Group's Days Payable increased from Dec. 2022 (26.04) to Dec. 2023 (31.62). It may suggest that Altria Group delayed paying its suppliers.

Altria Group Days Payable Historical Data

The historical data trend for Altria Group'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.

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Altria Group Days Payable Chart

Altria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.85

14.44

19.36

23.30

24.61

Altria Group 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															26.04	28.01	21.53	23.17	31.62

Competitive Comparison of Altria Group's Days Payable

For the Tobacco subindustry, Altria Group'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.

Altria Group's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Days Payable distribution charts can be found below:

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

Altria Group 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.

Altria Group'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
=	( (92542.797	+	210102)	/	2 )	/	2244698.002	*	365
=	151322.3985					/	2244698.002	*	365
=	24.61

Altria Group'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
=	( (171475.505	+	210102)	/	2 )	/	550525.001	*	365 / 4
=	190788.7525					/	550525.001	*	365 / 4
=	31.62

Altria Group Days Payable Related Terms

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Altria Group (BUE:MO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (BUE:MO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MO:USA MO:Mexico 1MO:Italy PHM7d:UK 0R31:UK PHM7:Germany MO:Chile MOOO34:Brazil ALTR:Austria

Address

6601 West Broad Street, Richmond, VA, USA, 23230

Website

https://www.altria.com

Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.