Kimberly-Clark Corporation (KMB)
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 | 3.46 | 3.51 | 3.58 | 3.71 | 3.65 | 3.86 | 3.69 | 3.67 | 3.67 | 3.86 | 3.82 | 3.58 | 3.47 | 3.70 | 3.77 | 3.87 | 3.69 | 4.06 | 4.00 | 4.32 | |
Number of days of payables | days | 105.53 | 103.90 | 102.04 | 98.36 | 99.96 | 94.54 | 99.00 | 99.53 | 99.42 | 94.58 | 95.59 | 101.86 | 105.29 | 98.65 | 96.70 | 94.31 | 98.95 | 89.97 | 91.14 | 84.42 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.46
= 105.53
Kimberly-Clark Corporation's number of days of payables has shown some fluctuation over the years. The trend indicates that the company takes, on average, around 90 to 100 days to pay its suppliers for goods or services purchased on credit. This metric peaked at 105.53 days as of December 31, 2024, which suggests a delay in settling payables during that period. It is important to note that a higher number of days of payables may indicate a longer cash conversion cycle, potentially impacting the company's liquidity and relationship with suppliers. Monitoring this trend over time can provide insights into Kimberly-Clark's working capital management and financial health.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Average Payables Payment Period (Quarterly Data)