PepsiCo Inc (PEP)
Payables turnover
| Dec 31, 2024 | Sep 7, 2024 | Jun 15, 2024 | Mar 23, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 41,744,000 | 41,660,000 | 41,939,000 | 42,141,000 | 41,881,000 | 42,204,000 | 41,837,000 | 41,131,000 | 40,576,000 | 39,286,000 | 38,372,000 | 37,837,000 | 37,075,000 | 35,371,000 | 34,133,000 | 32,341,000 | 31,797,000 | 30,717,000 | 30,255,000 | 28,855,000 |
| Payables | US$ in thousands | 10,997,000 | — | — | — | 11,635,000 | — | — | — | 10,732,000 | — | — | — | 9,834,000 | — | — | — | 8,853,000 | — | — | — |
| Payables turnover | 3.80 | — | — | — | 3.60 | — | — | — | 3.78 | — | — | — | 3.77 | — | — | — | 3.59 | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $41,744,000K ÷ $10,997,000K
= 3.80
Payables turnover is a financial ratio that measures how efficiently a company manages its accounts payable. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently or quickly.
Based on the data provided for PepsiCo Inc, the payables turnover for the past few years shows varying levels of efficiency in managing its payables. The payables turnover ratio for December 31, 2020, was 3.59, which means PepsiCo turned over its accounts payables 3.59 times during that year. This ratio increased slightly to 3.77 for December 31, 2021, and then remained relatively stable at 3.78 for December 31, 2022. This indicates that PepsiCo was able to manage its payables efficiently during these years.
However, for the periods where the payables turnover ratio was not available (marked as "—"), it is unclear how PepsiCo managed its accounts payables during those times. It may be due to various reasons, such as changes in payment terms, supplier relationships, or internal processes.
Overall, PepsiCo's consistent payables turnover ratios suggest a moderate level of efficiency in managing its accounts payables. It is important for investors and stakeholders to continue monitoring this ratio to assess the company's liquidity and relationship with suppliers.
Peer comparison
Dec 31, 2024