Altria Group (MO)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for Altria Group's number of days of payables is currently not available or not disclosed for the periods from March 31, 2020, to December 31, 2024.
Number of days of payables is a financial ratio that measures how many days it takes for a company to pay its suppliers or vendors for purchases made on credit. It is calculated by dividing accounts payable by the cost of sales and then multiplying by the number of days in the period.
Without the specific numbers for Altria Group's days of payables, it is challenging to provide a detailed analysis of this ratio. However, generally, a decrease in the number of days of payables may indicate that the company is paying its suppliers more quickly, which could be a sign of efficient cash management or beneficial relationships with suppliers. On the other hand, an increase in days of payables may suggest that the company is taking longer to pay its bills, which could signal cash flow issues or possible strained relationships with suppliers.
Therefore, monitoring the trend in days of payables over time can provide insights into Altria Group's payment practices and financial health. It would be advisable to obtain the actual data for the ratio to perform a more in-depth analysis and draw meaningful conclusions about the company's operational and financial performance.
Peer comparison
Dec 31, 2024
See also:
Altria Group Average Payables Payment Period (Quarterly Data)