Philip Morris International (XSWX:PMI) Days Inventory: 323.92 (As of Mar. 2026) — Near Median


XSWX:PMI Philip Morris International Inc XSWX:PMI
87 GF Score
Price CHF146.00
GF Value CHF115.48
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Philip Morris International Days Inventory?

Philip Morris International XSWX:PMI +0.69% 87 Days Inventory is 323.92 as of Mar. 2026, which is 6% above its 10-year median of 305.27. GuruFocus rates XSWX:PMI with a GF Score™ of 87/100 and a GF Value™ of CHF115.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 47 Tobacco Products companies, Philip Morris International ranks worse than 80.85% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Philip Morris International's Average Total Inventories for the three months ended in Mar. 2026 was CHF9,058 Mil. Philip Morris International's Cost of Goods Sold for the three months ended in Mar. 2026 was CHF2,552 Mil. Hence, Philip Morris International's Days Inventory for the three months ended in Mar. 2026 was 323.92.

The historical rank and industry rank for Philip Morris International's Days Inventory or its related term are showing as below:

XSWX:PMI' s Days Inventory Range Over the Past 10 Years
Min: 276.95   Med: 305.27   Max: 359.05
Current: 290.51

During the past 13 years, Philip Morris International's highest Days Inventory was 359.05. The lowest was 276.95. And the median was 305.27.

XSWX:PMI's Days Inventory is ranked worse than
80.85% of 47 companies
in the Tobacco Products industry
Industry Median: 134.79 vs XSWX:PMI: 290.51

Philip Morris International's Days Inventory increased from Mar. 2025 (296.02) to Mar. 2026 (323.92). It might indicate that Philip Morris International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Philip Morris International's Inventory Turnover for the three months ended in Mar. 2026 was 0.28.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Philip Morris International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.13.


Philip Morris International  (XSWX:PMI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Philip Morris International's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Philip Morris International's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Philip Morris International Days Inventory Related Terms


Philip Morris International Days Inventory Historical Data

* Premium members only.

The historical data trend for Philip Morris International's Days Inventory 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.

Philip Morris International Days Inventory Chart

Philip Morris International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 327.00 296.22 303.25 272.51 301.13

Philip Morris International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory 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 296.02 302.38 277.72 278.55 323.92

XSWX:PMI vs MO, TPB, UVV: Days Inventory Comparison

For the Tobacco subindustry, Philip Morris International's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Philip Morris International Days Inventory vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Philip Morris International's Days Inventory falls into.


XSWX:PMI
87GF Score
Philip Morris International Inc XSWX:PMI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Philip Morris International Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Philip Morris International's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (8428.295 + 9146.818) / 2 ) / 10651.365*365
=8787.5565 / 10651.365*365
=301.13

Philip Morris International's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9146.818 + 8968.922) / 2 ) / 2551.639*365 / 4
=9057.87 / 2551.639*365 / 4
=323.92

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 323.92 mean?
Philip Morris International (XSWX:PMI) has a Days Inventory of 323.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Philip Morris International and its competitors. This is near median its historical median of 305.27. Over the past decade, Philip Morris International's Days Inventory has ranged from 276.95 to 359.05. According to the industry distribution chart, Philip Morris International ranks #38 out of 47 companies in the Tobacco Products industry, placing it in the top 80.9%.
Is Philip Morris International's Days Inventory too high?
Philip Morris International's current Days Inventory of 323.92 is near median its 10-year median of 305.27. Over the past 10 years, this metric has ranged from a low of 276.95 to a high of 359.05. The Tobacco Products industry median Days Inventory is 134.79. Philip Morris International's value of 323.92 is 140.3% above this industry median. Based on the distribution chart, Philip Morris International ranks #38 out of 47 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Philip Morris International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's Days Inventory compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #38 out of 47 companies for Days Inventory. This places Philip Morris International in the lower half of its industry. The industry median Days Inventory is 134.79. Philip Morris International's value of 323.92 is 140.3% above this benchmark. Historically, Philip Morris International's own Days Inventory has ranged from 276.95 to 359.05 over the past decade. While the company's 10-year median is 305.27 vs. the industry median of 134.79, Philip Morris International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Tobacco Products company?
The median Days Inventory among Tobacco Products companies is 134.79, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current Days Inventory of 323.92 is 140.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median Days Inventory is 134.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current Days Inventory is 323.92, which is near median its own 10-year median of 305.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris International stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris International (XSWX:PMI) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF115.48, compared to a current price of CHF146.00 — trading 26.4% above its estimated fair value. The current Days Inventory is 323.92, which is near median its 10-year median of 305.27 and 140.3% above the Tobacco Products industry median of 134.79. Philip Morris International's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current Days Inventory is 323.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Philip Morris International (XSWX:PMI) Overvalued in 2026?

Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued. The current stock price of CHF146.00 is trading 26.4% above its estimated GF Value™ of CHF115.48. GuruFocus considers Philip Morris International to be Modestly Overvalued.

Key valuation signals for XSWX:PMI:

  • Days Inventory: 323.92 (near median its 10-year median of 305.27)
  • GF Value™: CHF115.48 vs. price of CHF146.00 (26.4% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 140.3% above the Tobacco Products median (#38 of 47)

No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Philip Morris International Business Description

Address 677 Washington Boulevard, Suite 1100, Stamford, CT, USA, 06901
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
87GF Score

Get the complete analysis for XSWX:PMI

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF146.00
Price
CHF115.48
GF Value