Philip Morris (Pakistan) (KAR:PMPK) Days Payable: 35.77 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:PMPK Philip Morris (Pakistan) Ltd KAR:PMPK
13 GF Score
Price ₨1,431.85
View Full Analysis

What is Philip Morris (Pakistan) Days Payable?

Philip Morris (Pakistan) KAR:PMPK 13 Days Payable is 35.77 as of Jun. 2025. GuruFocus rates KAR:PMPK with a GF Score™ of 13/100.

Philip Morris (Pakistan)'s average Accounts Payable for the three months ended in Jun. 2025 was ₨2,746 Mil. Philip Morris (Pakistan)'s Cost of Goods Sold for the three months ended in Jun. 2025 was ₨7,005 Mil. Hence, Philip Morris (Pakistan)'s Days Payable for the three months ended in Jun. 2025 was 35.77.

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

KAR:PMPK's Days Payable is not ranked *
in the Tobacco Products industry.
Industry Median: 54
* Ranked among companies with meaningful Days Payable only.

Philip Morris (Pakistan)'s Days Payable declined from Jun. 2024 (56.34) to Jun. 2025 (35.77). It may suggest that Philip Morris (Pakistan) accelerated paying its suppliers.

Philip Morris (Pakistan) Days Payable Historical Data

* Premium members only.

The historical data trend for Philip Morris (Pakistan)'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.

Philip Morris (Pakistan) Days Payable Chart

Philip Morris (Pakistan) 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 70.13 83.62 86.26 88.64 37.98

Philip Morris (Pakistan) Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 56.34 39.61 27.50 40.19 35.77

KAR:PMPK vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, Philip Morris (Pakistan)'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 (Pakistan) Days Payable vs Tobacco Products Industry

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

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


KAR:PMPK
13GF Score
Philip Morris (Pakistan) Ltd KAR:PMPK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philip Morris (Pakistan) 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 (Pakistan)'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
=( (2948.501 + 3196.285) / 2 ) / 29525.233*365
=3072.393 / 29525.233*365
=37.98

Philip Morris (Pakistan)'s Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (3048.943 + 2443.678) / 2 ) / 7005.045*365 / 4
=2746.3105 / 7005.045*365 / 4
=35.77

* 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 Payable →
What does a Days Payable of 35.77 mean?
Philip Morris (Pakistan) (KAR:PMPK) has a Days Payable of 35.77 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Philip Morris (Pakistan) and its competitors.
Is Philip Morris (Pakistan)'s Days Payable too high?
Philip Morris (Pakistan)'s current Days Payable is 35.77. The Tobacco Products industry median Days Payable is 54.00. Philip Morris (Pakistan)'s value of 35.77 is 33.8% below this industry median. Overall, Philip Morris (Pakistan) has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Philip Morris (Pakistan)'s Days Payable compare to PM and MO?
Philip Morris (Pakistan)'s Days Payable of 35.77 can be compared against companies in the Tobacco Products industry. The industry median Days Payable is 54.00. Philip Morris (Pakistan)'s value of 35.77 is 33.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris (Pakistan)'s current Days Payable of 35.77 is 33.8% below 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Philip Morris (Pakistan) and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris (Pakistan)'s current Days Payable is 35.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris (Pakistan) stock overvalued right now?
Philip Morris (Pakistan) (KAR:PMPK) has a current Days Payable of 35.77. The current Days Payable is 35.77 and 33.8% below the Tobacco Products industry median of 54.00. Philip Morris (Pakistan)'s overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Philip Morris (Pakistan) (KAR:PMPK), the current Days Payable is 35.77 as of Jun. 2025. 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.

Philip Morris (Pakistan) Business Description

Address Plot HC-3, Block 4, Corporate Office Block, Office 04 & 05, 5th Floor, Dolmen City, Clifton, Karachi, SD, PAK, 75600
Philip Morris (Pakistan) Ltd is a cigarette manufacturing company engaged in the manufacture, distribution, and sale of cigarettes, tobacco products, and other smoke-free products in Pakistan.
13GF Score

Get the complete analysis for KAR:PMPK

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

₨1,431.85
Price