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Mondelez International (FRA:KTF) Days Payable : 126.05 (As of Dec. 2023)


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What is Mondelez International Days Payable?

Mondelez International's average Accounts Payable for the three months ended in Dec. 2023 was €7,403 Mil. Mondelez International's Cost of Goods Sold for the three months ended in Dec. 2023 was €5,359 Mil. Hence, Mondelez International's Days Payable for the three months ended in Dec. 2023 was 126.05.

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

FRA:KTF' s Days Payable Range Over the Past 10 Years
Min: 89.74   Med: 129.75   Max: 136.86
Current: 128.49

During the past 13 years, Mondelez International's highest Days Payable was 136.86. The lowest was 89.74. And the median was 129.75.

FRA:KTF's Days Payable is ranked better than
87.76% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs FRA:KTF: 128.49

Mondelez International's Days Payable increased from Dec. 2022 (119.81) to Dec. 2023 (126.05). It may suggest that Mondelez International delayed paying its suppliers.


Mondelez International Days Payable Historical Data

The historical data trend for Mondelez International'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.

Mondelez International Days Payable Chart

Mondelez International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.27 142.71 130.58 125.42 132.09

Mondelez International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.81 123.86 139.18 125.97 126.05

Competitive Comparison of Mondelez International's Days Payable

For the Confectioners subindustry, Mondelez International'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.


Mondelez International's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mondelez International's Days Payable distribution charts can be found below:

* The bar in red indicates where Mondelez International's Days Payable falls into.



Mondelez International 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.

Mondelez International'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
=( (7138.528 + 7630.357) / 2 ) / 20405.084*365
=7384.4425 / 20405.084*365
=132.09

Mondelez International'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
=( (7175.546 + 7630.357) / 2 ) / 5358.948*365 / 4
=7402.9515 / 5358.948*365 / 4
=126.05

* 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.


Mondelez International Days Payable Related Terms

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Mondelez International (FRA:KTF) Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.