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Procter & Gamble Co (Procter & Gamble Co) Days Payable

: 128.95 (As of Dec. 2023)
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Procter & Gamble Co's average Accounts Payable for the three months ended in Dec. 2023 was $14,335 Mil. Procter & Gamble Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $10,144 Mil. Hence, Procter & Gamble Co's Days Payable for the three months ended in Dec. 2023 was 128.95.

The historical rank and industry rank for Procter & Gamble Co's Days Payable or its related term are showing as below:

PG' s Days Payable Range Over the Past 10 Years
Min: 80.6   Med: 109.7   Max: 126.84
Current: 124.77

During the past 13 years, Procter & Gamble Co's highest Days Payable was 126.84. The lowest was 80.60. And the median was 109.70.

PG's Days Payable is ranked better than
87.31% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs PG: 124.77

Procter & Gamble Co's Days Payable increased from Dec. 2022 (121.41) to Dec. 2023 (128.95). It may suggest that Procter & Gamble Co delayed paying its suppliers.


Procter & Gamble Co Days Payable Historical Data

The historical data trend for Procter & Gamble 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.

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.40 120.79 126.84 123.82 125.82

Procter & Gamble 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 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 Premium Member Only Premium Member Only Premium Member Only 121.41 122.54 122.04 126.14 128.95

Competitive Comparison

For the Household & Personal Products subindustry, Procter & Gamble 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.


Procter & Gamble Co Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Days Payable falls into.



Procter & Gamble 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.

Procter & Gamble Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (14882 + 14598) / 2 ) / 42760*365
=14740 / 42760*365
=125.82

Procter & Gamble 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
=( (14435 + 14234) / 2 ) / 10144*365 / 4
=14334.5 / 10144*365 / 4
=128.95

* 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.


Procter & Gamble Co Days Payable Related Terms

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Procter & Gamble Co (Procter & Gamble Co) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.
Executives
R. Alexandra Keith officer: President Global Hair & Beauty ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Andre Schulten officer: Chief Financial Officer ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Aguilar Moses Victor Javier officer: Chf Rsch, Dev & Innov Officer ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Susan Street Whaley officer: Chief Legal Officer & Secy 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Matthew W. Janzaruk officer: SVP - Chief Accounting Officer 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
M. Brett Biggs director 702 SW 8TH STREET, BENTONVILLE AR 72716
Balaji Purushothaman officer: Chief Human Resources Officer 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Shailesh Jejurikar officer: President - Global Fabric Care ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Gary A Coombe officer: President-Europe SMO ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Marc S. Pritchard officer: Global Marketing Officer ONE PROCTER AND GAMBLE PLAZA, CINCINNATI OH 45202
Jon R Moeller officer: Chief Financial Officer ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Ma. Fatima Francisco officer: President - Global Baby ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Jennifer L. Davis officer: CEO - Health Care 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Sundar G. Raman officer: CEO-Fabric & Home Care ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Sheila Bonini director 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202