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Molson Coors Beverage Co's average Accounts Payable for the three months ended in Dec. 2024 was $2,543 Mil. Molson Coors Beverage Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,698 Mil. Hence, Molson Coors Beverage Co's Days Payable for the three months ended in Dec. 2024 was 136.64.
The historical rank and industry rank for Molson Coors Beverage Co's Days Payable or its related term are showing as below:
During the past 13 years, Molson Coors Beverage Co's highest Days Payable was 137.55. The lowest was 83.87. And the median was 100.80.
Molson Coors Beverage Co's Days Payable declined from Dec. 2023 (138.60) to Dec. 2024 (136.64). It may suggest that Molson Coors Beverage Co accelerated paying its suppliers.
The historical data trend for Molson Coors Beverage 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.
Molson Coors Beverage Co Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Days Payable | Get a 7-Day Free Trial |
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106.03 | 112.29 | 107.92 | 100.77 | 99.20 |
Molson Coors Beverage 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 |
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138.60 | 137.98 | 149.51 | 162.46 | 136.64 |
For the Beverages - Brewers subindustry, Molson Coors Beverage 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.
For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Molson Coors Beverage Co's Days Payable falls into.
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.
Molson Coors Beverage 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 |
= | ( (1980.8 | + | 1875) | / | 2 ) | / | 7093.6 | * | 365 |
= | 1927.9 | / | 7093.6 | * | 365 | ||||
= | 99.20 |
Molson Coors Beverage 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 |
= | ( (3210.5 | + | 1875) | / | 2 ) | / | 1698.1 | * | 365 / 4 |
= | 2542.75 | / | 1698.1 | * | 365 / 4 | ||||
= | 136.64 |
* 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.
Thank you for viewing the detailed overview of Molson Coors Beverage Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Tracey Joubert | officer: Chief Financial Officer | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
Winnefeld James A Jr | director | 870 WINTER STREET, WALTHAM MA 02451 |
Natalie G. Maciolek | officer: Chief Legal & Govt Affairs Off | 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208 |
Geoffrey E. Molson | director | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
Williams Leroy James Jr | director | 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510 |
Anne-marie W D'angelo | officer: Chief Legal & Govt Affairs Off | 801 E. 86TH AVENUE, MERRILLVILLE IN 46410 |
Louis Vachon | director | 1155 METCALFE STREET, MONTREAL QUEBEC CANADA E6 0000 |
Julia M Brown | director | C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001 |
Simon Cox | officer: Pres&CEO, Molson Coors Europe | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
Roxanne Stelter | officer: VP,Controller & Chf Acct Off | 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208 |
Andrew Thomas Molson | director | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
David S. Coors | director | P.O. BOX 4030, NH353, GOLDEN CO 80401 |
Nessa O'sullivan | director | P.O. BOX 4030, NH353, GOLDEN CO 80401 |
Peter H Coors | director, other: Chairman of the Board | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
Peter John Marino | officer: President of Emerging Growth | 250 SOUTH WACKER DRIVE, CHICAGO IL 60606 |
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