Philip Morris CR AS (STU:TBK) Days Payable : 29.08 (As of Jun. 2024)

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What is Philip Morris CR AS Days Payable?

Philip Morris CR AS's average Accounts Payable for the six months ended in Jun. 2024 was €36.9 Mil. Philip Morris CR AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €231.8 Mil. Hence, Philip Morris CR AS's Days Payable for the six months ended in Jun. 2024 was 29.08.

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

STU:TBK' s Days Payable Range Over the Past 10 Years
Min: 8.58 Med: 15.7 Max: 29.66
Current: 28.01

During the past 13 years, Philip Morris CR AS's highest Days Payable was 29.66. The lowest was 8.58. And the median was 15.70.

STU:TBK's Days Payable is ranked worse than
84.31% of 51 companies
in the Tobacco Products industry
Industry Median: 61.92 vs STU:TBK: 28.01

Philip Morris CR AS's Days Payable declined from Jun. 2023 (30.18) to Jun. 2024 (29.08). It may suggest that Philip Morris CR AS accelerated paying its suppliers.

Philip Morris CR AS Days Payable Historical Data

The historical data trend for Philip Morris CR AS'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 CR AS Days Payable Chart

Philip Morris CR AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.82

14.55

21.85

26.07

29.78

Philip Morris CR AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															27.61	25.07	30.18	28.59	29.08

Competitive Comparison of Philip Morris CR AS's Days Payable

For the Tobacco subindustry, Philip Morris CR AS'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 CR AS's Days Payable Distribution in the Tobacco Products Industry

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

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

Philip Morris CR AS 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 CR AS'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
=	( (37.774	+	39.92)	/	2 )	/	476.096	*	365
=	38.847					/	476.096	*	365
=	29.78

Philip Morris CR AS's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (39.92	+	33.962)	/	2 )	/	231.805	*	365 / 2
=	36.941					/	231.805	*	365 / 2
=	29.08

Philip Morris CR AS Days Payable Related Terms

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Philip Morris CR AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris CR AS (STU:TBK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PHPMF:USA 0MV4:UK TABAK:Czech Republic

Address

Karlovo namesti 10, Prague, CZE, 120 00

Website

https://www.philipmorris.cz

Philip Morris CR AS is a Czech Republic-based company active in the tobacco industry. The company is engaged in the production, sale, distribution, and marketing of tobacco products. The company also distributes smoke-free tobacco products under the HEETS name; and IQOS tobacco heating systems and related accessories, as well as cigarettes. The company provides its tobacco products under the Marlboro, L&M, Philip Morris, Petra Klasik, Sparta, and Chesterfield brands.

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