PepsiCo Inc (PEP)

Number of days of payables

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Payables turnover 3.60 3.78 3.77 3.59 3.76
Number of days of payables days 101.40 96.54 96.81 101.62 97.06

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.60
= 101.40

PepsiCo Inc's number of days of payables have shown a fluctuating trend over the past five years. As of December 31, 2023, the number of days of payables was 101.40 days, reflecting an increase compared to the prior year. This indicates that, on average, PepsiCo takes approximately 101.40 days to pay its trade payables.

The increase in the number of days of payables from 2022 to 2023 may suggest that PepsiCo is taking longer to settle its payables, potentially indicating a change in the company's payment practices or relationships with suppliers.

It is important for investors and stakeholders to monitor changes in the number of days of payables, as it can provide insights into the company's liquidity position, efficiency of working capital management, and relationships with suppliers.


Peer comparison

Dec 31, 2023


See also:

PepsiCo Inc Average Payables Payment Period