Mondelez International Inc (MDLZ)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		2.35	2.67	2.67	2.60	2.60
Number of days of payables	days	155.20	136.49	136.75	140.64	140.46

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.35
= 155.20

Mondelez International Inc's number of days of payables has exhibited a relatively stable trend over the past five years, ranging from 136.49 days to 155.20 days. The company took an average of approximately 140 days to settle its accounts payable in both 2020 and 2021. Subsequently, there was a slight decrease in the number of days of payables to around 136 days in 2022 and 2023. However, there was a noticeable increase in 2024 to 155.20 days, indicating a potential delay in settling payables during that period. Overall, the data suggests that Mondelez International Inc manages its accounts payable efficiently, with occasional fluctuations in the time taken to settle its outstanding obligations.