Current Liabilities
Accounts Payable
Philip Morris International Accounts Payable decreased by 10.9% to $3.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $3.75B to $3.93B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 9.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 24, 2026
How to read this metric
An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.
Detailed definition
This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...
Peer comparison
Standard current liability for all companies; comparable across industries based on days payable outstanding.
Metric ID:
accounts_payableHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.63B | $2.81B | $3.33B | $3.20B | $3.28B | $3.34B | $4.08B | $3.95B | $3.79B | $3.53B | $4.14B | $3.65B | $3.59B | $3.51B | $3.95B | $3.75B | $3.87B | $3.98B | $4.41B | $3.93B |
| QoQ Change | — | +6.8% | +18.5% | -3.8% | +2.4% | +1.9% | +22.0% | -3.2% | -4.0% | -6.7% | +17.3% | -11.9% | -1.6% | -2.2% | +12.6% | -5.1% | +3.2% | +2.8% | +10.8% | -10.9% |
| YoY Change | — | — | — | — | +24.7% | +18.9% | +22.4% | +23.2% | +15.5% | +5.7% | +1.6% | -7.5% | -5.2% | -0.6% | -4.6% | +2.8% | +7.8% | +13.3% | +11.5% | +4.7% |
Range$2.63B – $4.41B
CAGR+8.8%
Avg YoY Growth+8.4%
Median YoY Growth+6.7%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Philip Morris International's accounts payable?
- Philip Morris International (PM) reported accounts payable of $3.93B in Q1 2026.
- How has Philip Morris International's accounts payable changed year-over-year?
- Philip Morris International's accounts payable increased by 4.7% year-over-year, from $3.75B to $3.93B.
- What is the long-term trend for Philip Morris International's accounts payable?
- Over 5 years (2020 to 2025), Philip Morris International's accounts payable has grown at a 9.7% compound annual growth rate (CAGR), from $2.78B to $4.41B.
- What does accounts payable mean?
- Money the company owes to its suppliers for goods or services.