Philip Morris International (MEX:PM) Days Payable: 117.23 (As of Mar. 2026) — 13% Above Median


MEX:PM Philip Morris International Inc MEX:PM
75 GF Score
Price MXN3,123.00
GF Value MXN2,470.14
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Philip Morris International Days Payable?

Philip Morris International MEX:PM 75 Days Payable is 117.23 as of Mar. 2026, which is 13% above its 10-year median of 103.86. GuruFocus rates MEX:PM with a GF Score™ of 75/100 and a GF Value™ of MXN2,470.14 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 47 Tobacco Products companies, Philip Morris International ranks better than 74.47% on this metric.

Philip Morris International's average Accounts Payable for the three months ended in Mar. 2026 was MXN75,083 Mil. Philip Morris International's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN58,444 Mil. Hence, Philip Morris International's Days Payable for the three months ended in Mar. 2026 was 117.23.

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

MEX:PM' s Days Payable Range Over the Past 10 Years
Min: 57.43   Med: 103.86   Max: 118.56
Current: 107.24

During the past 13 years, Philip Morris International's highest Days Payable was 118.56. The lowest was 57.43. And the median was 103.86.

MEX:PM's Days Payable is ranked better than
74.47% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs MEX:PM: 107.24

Philip Morris International's Days Payable increased from Mar. 2025 (117.08) to Mar. 2026 (117.23). It may suggest that Philip Morris International delayed paying its suppliers.


Philip Morris International Days Payable Historical Data

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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.

Philip Morris International Days Payable Chart

Philip Morris International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.66 121.34 124.91 100.28 122.68

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 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 117.08 110.53 104.02 108.42 117.23

MEX:PM vs MO, TPB, UVV: Days Payable Comparison

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 Days Payable vs 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.


MEX:PM
75GF Score
Philip Morris International Inc MEX:PM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (82421.726 + 79351.12) / 2 ) / 240664.186*365
=80886.423 / 240664.186*365
=122.68

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (79351.12 + 70814.413) / 2 ) / 58443.98*365 / 4
=75082.7665 / 58443.98*365 / 4
=117.23

* 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 117.23 mean?
Philip Morris International (MEX:PM) has a Days Payable of 117.23 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Philip Morris International and its competitors. This is 13% above median its historical median of 103.86. Over the past decade, Philip Morris International's Days Payable has ranged from 57.43 to 118.56. According to the industry distribution chart, Philip Morris International ranks #12 out of 47 companies in the Tobacco Products industry, placing it in the top 25.5%.
Is Philip Morris International's Days Payable too high?
Philip Morris International's current Days Payable of 117.23 is 13% above median its 10-year median of 103.86. Over the past 10 years, this metric has ranged from a low of 57.43 to a high of 118.56. The Tobacco Products industry median Days Payable is 54.00. Philip Morris International's value of 117.23 is 117.1% above this industry median. Based on the distribution chart, Philip Morris International ranks #12 out of 47 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Philip Morris International has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's Days Payable compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #12 out of 47 companies for Days Payable. This puts Philip Morris International in the upper half of its industry. The industry median Days Payable is 54.00. Philip Morris International's value of 117.23 is 117.1% above this benchmark. Historically, Philip Morris International's own Days Payable has ranged from 57.43 to 118.56 over the past decade. While the company's 10-year median is 103.86 vs. the industry median of 54.00, 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 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 International's current Days Payable of 117.23 is 117.1% 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 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 International 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 International's current Days Payable is 117.23, which is 13% above median its own 10-year median of 103.86. 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 (MEX:PM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,470.14, compared to a current price of MXN3,123.00 — trading 26.4% above its estimated fair value. The current Days Payable is 117.23, which is 13% above median its 10-year median of 103.86 and 117.1% above the Tobacco Products industry median of 54.00. Philip Morris International's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Philip Morris International (MEX:PM), the current Days Payable is 117.23 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 (MEX:PM) Overvalued in 2026?

Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued. The current stock price of MXN3,123.00 is trading 26.4% above its estimated GF Value™ of MXN2,470.14. GuruFocus considers Philip Morris International to be Modestly Overvalued.

Key valuation signals for MEX:PM:

  • Days Payable: 117.23 (13% above median its 10-year median of 103.86)
  • GF Value™: MXN2,470.14 vs. price of MXN3,123.00 (26.4% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 117.1% above the Tobacco Products median (#12 of 47)

No single metric tells the full story. See the MEX:PM 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.
75GF Score

Get the complete analysis for MEX:PM

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

MXN3,123.00
Price
MXN2,470.14
GF Value