Colgate-Palmolive Co (Colgate-Palmolive Co) Days Payable

: 72.54 (As of Dec. 2023)

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Colgate-Palmolive Co's average Accounts Payable for the three months ended in Dec. 2023 was $1,590 Mil. Colgate-Palmolive Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,000 Mil. Hence, Colgate-Palmolive Co's Days Payable for the three months ended in Dec. 2023 was 72.54.

The historical rank and industry rank for Colgate-Palmolive Co's Days Payable or its related term are showing as below:

CL' s Days Payable Range Over the Past 10 Years
Min: 64.39 Med: 70.42 Max: 74.39
Current: 70.78

During the past 13 years, Colgate-Palmolive Co's highest Days Payable was 74.39. The lowest was 64.39. And the median was 70.42.

CL's Days Payable is ranked better than
71.28% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs CL: 70.78

Colgate-Palmolive Co's Days Payable increased from Dec. 2022 (68.65) to Dec. 2023 (72.54). It may suggest that Colgate-Palmolive Co delayed paying its suppliers.

Colgate-Palmolive Co Days Payable Historical Data

The historical data trend for Colgate-Palmolive Co'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.

Colgate-Palmolive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

70.47

74.37

74.39

71.64

72.92

Colgate-Palmolive Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																68.65	70.06	70.69	67.74	72.54

Competitive Comparison

For the Household & Personal Products subindustry, Colgate-Palmolive Co'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.

Colgate-Palmolive Co Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's Days Payable falls into.

Colgate-Palmolive Co 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.

Colgate-Palmolive Co'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
=	( (1551	+	1698)	/	2 )	/	8131	*	365
=	1624.5					/	8131	*	365
=	72.92

Colgate-Palmolive Co'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
=	( (1482	+	1698)	/	2 )	/	2000	*	365 / 4
=	1590					/	2000	*	365 / 4
=	72.54

Colgate-Palmolive Co Days Payable Related Terms

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Colgate-Palmolive Co (Colgate-Palmolive Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (NYSE:CL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CL:Mexico 1CL:Italy CPA:Germany CPA:Germany CPA:Germany CPA:Germany COLG34:Brazil COLG:Austria CL:Argentina

Address

300 Park Avenue, New York, NY, USA, 10022-7499

Website

https://www.colgatepalmolive.com

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.

Executives

Jennifer Daniels	officer: CLO and Secretary	C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Panagiotis Tsourapas	officer: Pres., Colgate-Africa/Eurasia	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
John W Kooyman	officer: Chief Marketing Officer	300 PARK AVENUE, NEW YORK NY 10022
Lorrie M Norrington	director	C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Noel R. Wallace	officer: Pres.- Colgate No. America	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Gregory Malcolm	officer: Vice President and Controller	300 PARK AVENUE, NEW YORK NY 10022
Sally Massey	officer: Chief Human Resources Officer	300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey	director
Prabha Parameswaran	officer: Grp Pres, Glbl Innov. & AF/Eus	300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove	director
C Martin Harris	director
Steven A Cahillane	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts	officer: Vice President and Controller	300 PARK AVENUE, NEW YORK NY 10022
Patricia Verduin	officer: Chief Technology Officer	ONE CONAGRA DRIVE, OMAHA NE 68102