Colgate-Palmolive Co (LTS:0P59) Days Payable : 79.72 (As of Dec. 2024)

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What is Colgate-Palmolive Co Days Payable?

Colgate-Palmolive Co's average Accounts Payable for the three months ended in Dec. 2024 was $1,715 Mil. Colgate-Palmolive Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,963 Mil. Hence, Colgate-Palmolive Co's Days Payable for the three months ended in Dec. 2024 was 79.72.

The historical rank and industry rank for Colgate-Palmolive Co's Days Payable or its related term are showing as below:

LTS:0P59' s Days Payable Range Over the Past 10 Years
Min: 64.39 Med: 71.06 Max: 80.52
Current: 76.59

During the past 13 years, Colgate-Palmolive Co's highest Days Payable was 80.52. The lowest was 64.39. And the median was 71.06.

LTS:0P59's Days Payable is ranked better than
73.89% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 45.99 vs LTS:0P59: 76.59

Colgate-Palmolive Co's Days Payable increased from Dec. 2023 (72.54) to Dec. 2024 (79.72). It may suggest that Colgate-Palmolive Co delayed paying its suppliers.

Colgate-Palmolive Co Days Payable Historical Data

The historical data trend for Colgate-Palmolive 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.

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Colgate-Palmolive Co Days Payable Chart

Colgate-Palmolive Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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74.37

74.39

71.64

72.92

80.52

Colgate-Palmolive Co 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															72.54	75.31	73.36	74.11	79.72

Competitive Comparison of Colgate-Palmolive Co's Days Payable

For the Household & Personal Products subindustry, Colgate-Palmolive 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.

Colgate-Palmolive Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's Days Payable falls into.

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Colgate-Palmolive 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.

Colgate-Palmolive Co'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
=	( (1698	+	1805)	/	2 )	/	7940	*	365
=	1751.5					/	7940	*	365
=	80.52

Colgate-Palmolive Co'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
=	( (1625	+	1805)	/	2 )	/	1963	*	365 / 4
=	1715					/	1963	*	365 / 4
=	79.72

Colgate-Palmolive Co Days Payable Related Terms

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Colgate-Palmolive Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (LTS:0P59) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CL:USA CL:Mexico 1CL:Italy CPAd:UK CPA:Germany CPA:Germany CPA:Germany CPA:Germany COLG34:Brazil COLG:Austria CL:Argentina

Address

300 Park Avenue, New York, NY, USA, 10022

Website

https://www.colgatepalmolive.com

Since its founding in 1806, Colgate-Palmolive has grown to become a leading player in the household and personal care arena. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International sales account for about 70% of its total business, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's (around one fifth of sales), which primarily sells its products through veterinarians and specialty pet retailers.

Colgate-Palmolive Co Headlines

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