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FMX (Fomento Economico MexicanoB de CV) Days Payable : 0.00 (As of Sep. 2024)


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What is Fomento Economico MexicanoB de CV Days Payable?

Fomento Economico MexicanoB de CV's average Accounts Payable for the three months ended in Sep. 2024 was $0 Mil. Fomento Economico MexicanoB de CV's Cost of Goods Sold for the three months ended in Sep. 2024 was $5,962 Mil. Hence, Fomento Economico MexicanoB de CV's Days Payable for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Days Payable or its related term are showing as below:

FMX' s Days Payable Range Over the Past 10 Years
Min: 60.29   Med: 63.25   Max: 74.24
Current: 66.53

During the past 13 years, Fomento Economico MexicanoB de CV's highest Days Payable was 74.24. The lowest was 60.29. And the median was 63.25.

FMX's Days Payable is ranked worse than
58.82% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 78.53 vs FMX: 66.53

Fomento Economico MexicanoB de CV's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same


Fomento Economico MexicanoB de CV Days Payable Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fomento Economico MexicanoB de CV Days Payable Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.08 68.19 73.71 72.55 64.59

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 70.48 67.35 - -

Competitive Comparison of Fomento Economico MexicanoB de CV's Days Payable

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Days Payable falls into.



Fomento Economico MexicanoB de CV Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Fomento Economico MexicanoB de CV's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4021.338 + 4802.451) / 2 ) / 24931.001*365
=4411.8945 / 24931.001*365
=64.59

Fomento Economico MexicanoB de CV's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 5962.479*365 / 4
=0 / 5962.479*365 / 4
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV Days Payable Related Terms

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Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.