PepsiCo Inc (PEP)
Number of days of payables
| Dec 31, 2023 | Sep 9, 2023 | Jun 17, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 3, 2022 | Jun 11, 2022 | Mar 19, 2022 | Dec 31, 2021 | Sep 4, 2021 | Jun 12, 2021 | Mar 20, 2021 | Dec 31, 2020 | Sep 5, 2020 | Jun 13, 2020 | Mar 21, 2020 | Dec 31, 2019 | Sep 7, 2019 | Mar 23, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.60 | — | — | — | 3.78 | — | — | — | 3.77 | — | — | — | 3.59 | — | — | — | 3.95 | — | — | 4.07 | |
| Number of days of payables | days | 101.40 | — | — | — | 96.54 | — | — | — | 96.81 | — | — | — | 101.62 | — | — | — | 92.37 | — | — | 89.61 |
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 has shown some fluctuations over the past few years, ranging from 89.61 days to 101.62 days. The most recent data available as of Dec 31, 2023, indicates that the company takes approximately 101.40 days to pay off its trade payables on average. This metric reflects how long the company takes to settle its accounts payable to suppliers and vendors. It is important for PepsiCo to manage this metric effectively to maintain good relationships with its suppliers while optimizing its cash flow and working capital management.
Peer comparison
Dec 31, 2023
See also:
PepsiCo Inc Average Payables Payment Period (Quarterly Data)