PepsiCo Inc (PEP)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.80 | 3.60 | 3.78 | 3.77 | 3.59 | |
| Number of days of payables | days | 96.16 | 101.40 | 96.54 | 96.81 | 101.62 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.80
= 96.16
PepsiCo Inc's days of payables, which measures how long the company takes to pay its suppliers, have shown relatively stable trends over the past five years. From December 31, 2020, to December 31, 2024, the number of days of payables has ranged from 96.16 days to 101.62 days.
The decrease in days of payables from 101.62 days in 2020 to 96.81 days in 2021 indicates that PepsiCo started paying its suppliers more quickly in 2021. This trend continued as the number of days decreased further to 96.54 days in 2022 and 96.16 days in 2024.
However, there was a slight increase in the number of days of payables in 2023 to 101.40 days, suggesting a temporary extension in payment terms during that year.
Overall, the decreasing trend in days of payables indicates that PepsiCo has been managing its supplier payments more efficiently in recent years. This may reflect the company's efforts to optimize cash flow management and maintain positive relationships with suppliers.
Peer comparison
Dec 31, 2024