Kimberly-Clark Corporation (KMB)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.47 | 3.66 | 3.66 | 3.49 | 3.69 | |
| Number of days of payables | days | 105.29 | 99.74 | 99.72 | 104.50 | 98.85 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.47
= 105.29
Kimberly-Clark Corporation's number of days of payables has shown a fluctuating trend over the years. As of December 31, 2020, the company took approximately 98.85 days to pay its suppliers, which increased to 104.50 days by December 31, 2021. Subsequently, the number of days decreased to 99.72 days by December 31, 2022, and remained relatively stable at 99.74 days by December 31, 2023. However, there was a slight increase to 105.29 days by December 31, 2024. This indicates that Kimberly-Clark Corporation may be taking slightly longer to settle its payables in recent years. Further analysis of the company's payment policies and cash flow management would provide additional insights into this trend.
Peer comparison
Dec 31, 2024