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Altria Group (BUE:MO) Days Payable : 35.84 (As of Dec. 2024)


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What is Altria Group Days Payable?

Altria Group's average Accounts Payable for the three months ended in Dec. 2024 was ARS595,877 Mil. Altria Group's Cost of Goods Sold for the three months ended in Dec. 2024 was ARS1,517,020 Mil. Hence, Altria Group's Days Payable for the three months ended in Dec. 2024 was 35.84.

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

BUE:MO' s Days Payable Range Over the Past 10 Years
Min: 16.46   Med: 19.38   Max: 38.5
Current: 34.26

During the past 13 years, Altria Group's highest Days Payable was 38.50. The lowest was 16.46. And the median was 19.38.

BUE:MO's Days Payable is ranked worse than
71.43% of 49 companies
in the Tobacco Products industry
Industry Median: 59.82 vs BUE:MO: 34.26

Altria Group's Days Payable increased from Dec. 2023 (31.62) to Dec. 2024 (35.84). It may suggest that Altria Group delayed paying its suppliers.


Altria Group Days Payable Historical Data

The historical data trend for Altria Group'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.

Altria Group Days Payable Chart

Altria Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.44 19.36 23.30 24.61 27.27

Altria Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 31.62 23.92 29.34 30.71 35.84

Competitive Comparison of Altria Group's Days Payable

For the Tobacco subindustry, Altria Group'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.


Altria Group's Days Payable Distribution in the Tobacco Products Industry

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

* The bar in red indicates where Altria Group's Days Payable falls into.


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Altria Group 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.

Altria Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (210102 + 707000.007) / 2 ) / 6137770.061*365
=458551.0035 / 6137770.061*365
=27.27

Altria Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (484754.979 + 707000.007) / 2 ) / 1517020.016*365 / 4
=595877.493 / 1517020.016*365 / 4
=35.84

* 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.


Altria Group Days Payable Related Terms

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Altria Group Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, US Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 42% annual share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev and a 41% stake in cannabis manufacturer Cronos. It also acquired vaping company Njoy Holdings in 2023 and operates a joint venture with Japan Tobacco in the heated tobacco category.