Kraft Heinz Co (KHC)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Payables turnover		6.68	5.65	5.48	5.19	4.99	5.27	5.06	—	4.95	4.02	3.79	3.67	3.67	4.94	5.03	6.51	6.41	7.08	7.22	5.94
Number of days of payables	days	54.63	64.65	66.57	70.36	73.19	69.22	72.07	—	73.67	90.85	96.42	99.45	99.35	73.86	72.53	56.10	56.98	51.58	50.53	61.47

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.68
= 54.63

The number of days of payables for Kraft Heinz Co has shown some fluctuations over the years. From March 31, 2020, to December 31, 2024, the trend has been somewhat volatile, ranging from 50.53 days to 99.45 days.

It's worth noting that the number of days of payables spiked significantly in December 2021, reaching 99.35 days, and then decreased gradually until December 2024. Overall, the company's days of payables have generally decreased over the past few years, indicating an improvement in managing its accounts payable.

For the most recent data available, as of December 31, 2024, the number of days of payables was 54.63 days, showing a favorable trend compared to the peak observed in December 2021. This suggests that Kraft Heinz Co has been able to better manage its payables over time, which could positively impact its cash flow and liquidity position.