The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Philip Morris International's Revenue for the
three
months ended in Mar. 2026 was CHF7,988 Mil. Philip Morris International's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF3,837 Mil.
Hence, Philip Morris International's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.08.
Philip Morris International (XSWX:PMI) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Philip Morris International Receivables Turnover Related Terms
Philip Morris International Receivables Turnover Historical Data
* 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 Receivables Turnover Chart
XSWX:PMI vs MO, TPB, UVV: Receivables Turnover Comparison
For the Tobacco subindustry, Philip Morris International's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Philip Morris International's Receivables Turnover falls into.
* 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 (XSWX:PMI) has a Receivables Turnover of 2.08 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Philip Morris International and its competitors. According to the industry distribution chart, Philip Morris International ranks #26 out of 47 companies in the Tobacco Products industry, placing it in the top 55.3%.
Is Philip Morris International's Receivables Turnover too high?
Philip Morris International's current Receivables Turnover is 2.08. The Tobacco Products industry median Receivables Turnover is 10.06. Philip Morris International's value of 2.08 is 79.3% below this industry median. Based on the distribution chart, Philip Morris International ranks #26 out of 47 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Philip Morris International has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's Receivables Turnover compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #26 out of 47 companies for Receivables Turnover. This places Philip Morris International in the lower half of its industry. The industry median Receivables Turnover is 10.06. Philip Morris International's value of 2.08 is 79.3% 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 Receivables Turnover for a Tobacco Products company?
The median Receivables Turnover among Tobacco Products companies is 10.06, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current Receivables Turnover of 2.08 is 79.3% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median Receivables Turnover is 10.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current Receivables Turnover is 2.08. 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 (XSWX:PMI) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF115.15, compared to a current price of CHF151.00 — trading 31.1% above its estimated fair value. The current Receivables Turnover is 2.08 and 79.3% below the Tobacco Products industry median of 10.06. Philip Morris International's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current Receivables Turnover is 2.08 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 (XSWX:PMI) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued.
The current stock price of CHF151.00 is trading 31.1% above its estimated GF Value™ of CHF115.15.
GuruFocus considers Philip Morris International to be Significantly Overvalued.
Key valuation signals for XSWX:PMI:
Receivables Turnover: 2.08
GF Value™: CHF115.15 vs. price of CHF151.00 (31.1% above fair value)
Industry Position: 79.3% below the Tobacco Products median (#26 of 47)
No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
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