Mondelez International Inc (MDLZ)

Number of days of payables

		Dec 31, 2024	Sep 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	Dec 31, 2019
Payables turnover		2.38	2.43	2.45	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
Number of days of payables	days	153.15	150.30	149.28	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

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.38
= 153.15

The number of days of payables for Mondelez International Inc has fluctuated over the years based on the data provided. The trend shows some variability but generally remains within a certain range.

From December 2019 to December 2024, the number of days of payables has seen fluctuations, with the highest number of days recorded in March 2024 at 149.28 days and the lowest at 126.04 days in June 2020. These fluctuations may indicate changes in the company's payment practices and relationships with suppliers over time.

Overall, the number of days of payables provides insights into how long, on average, the company takes to pay its accounts payable. A higher number of days may suggest that the company is taking longer to settle its payables, potentially indicating a financially constrained position or a deliberate strategy to manage cash flow. Conversely, a lower number of days may indicate efficient payables management or advantageous supplier terms.

It is important for stakeholders to monitor this ratio alongside other financial metrics to gain a more comprehensive understanding of Mondelez International Inc's financial health and operational efficiency.