Philip Morris International (BSP:PHMO34) Days Payable : 94.93 (As of Sep. 2024)

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What is Philip Morris International Days Payable?

Philip Morris International's average Accounts Payable for the three months ended in Sep. 2024 was R$19,392 Mil. Philip Morris International's Cost of Goods Sold for the three months ended in Sep. 2024 was R$18,640 Mil. Hence, Philip Morris International's Days Payable for the three months ended in Sep. 2024 was 94.93.

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

BSP:PHMO34' s Days Payable Range Over the Past 10 Years
Min: 44 Med: 74.47 Max: 118.56
Current: 100.62

During the past 13 years, Philip Morris International's highest Days Payable was 118.56. The lowest was 44.00. And the median was 74.47.

BSP:PHMO34's Days Payable is ranked better than
64.71% of 51 companies
in the Tobacco Products industry
Industry Median: 61.92 vs BSP:PHMO34: 100.62

Philip Morris International's Days Payable declined from Sep. 2023 (104.57) to Sep. 2024 (94.93). It may suggest that Philip Morris International accelerated paying its suppliers.

Philip Morris International Days Payable Historical Data

The historical data trend for Philip Morris 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.

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Philip Morris International Days Payable Chart

Philip Morris International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.87

88.00

106.63

122.72

120.41

Philip Morris International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															104.57	101.53	110.31	94.98	94.93

Competitive Comparison of Philip Morris International's Days Payable

For the Tobacco subindustry, Philip Morris 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.

Philip Morris International's Days Payable Distribution in the Tobacco Products Industry

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

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

Philip Morris 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.

Philip Morris 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
=	( (21380.25	+	20299.871)	/	2 )	/	63173.121	*	365
=	20840.0605					/	63173.121	*	365
=	120.41

Philip Morris International's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (19341.485	+	19443.216)	/	2 )	/	18640.235	*	365 / 4
=	19392.3505					/	18640.235	*	365 / 4
=	94.93

Philip Morris International Days Payable Related Terms

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Philip Morris International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (BSP:PHMO34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PM:USA PM:Mexico 1PM:Italy 4I1:Germany PMI:Switzerland

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.

Philip Morris International Headlines

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