Mondelez International Inc (MDLZ)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		2.67	2.88	2.80	2.68	2.67	2.88	2.74	2.48	2.60	2.63	2.60	2.53	2.60	2.83	2.90	2.85	2.65	2.93	2.94	2.81
Number of days of payables	days	136.49	126.89	130.53	136.25	136.75	126.62	133.21	147.04	140.64	138.67	140.33	144.00	140.46	128.78	126.04	127.96	137.55	124.51	124.00	130.11

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.67
= 136.49

Mondelez International Inc.'s number of days of payables has exhibited some fluctuations over the past several quarters. In Q4 2023, the company had 136.49 days of payables, which increased slightly from the previous quarter's 126.89 days. Compared to Q2 and Q3 2023, the number of days of payables in this last quarter increased.

When compared to the same quarter in the prior year, Q4 2022, there was a slight decrease in the number of days of payables in Q4 2023. Additionally, Q4 2023 displayed a lower number of days of payables compared to Q2 2022 and Q1 2022.

Overall, the trend in the number of days of payables for Mondelez International Inc. has shown some variability, indicating potential changes in the company's payment practices and relationships with its suppliers over the periods analyzed.