FMX (Fomento Economico MexicanoB de CV) Days Payable: 69.22 (As of Mar. 2026) — Near Median


FMX Fomento Economico Mexicano SAB de CV FMX
93 GF Score
Price $123.94
GF Value $131.18
Valuation Fairly Valued
! 6 Warning Signs
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What is Fomento Economico MexicanoB de CV Days Payable?

Fomento Economico MexicanoB de CV FMX -2.49% 93 Days Payable is 69.22 as of Mar. 2026, which is 2% above its 10-year median of 67.64. GuruFocus rates FMX with a GF Score™ of 93/100 and a GF Value™ of $131.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 203 Beverages - Alcoholic companies, Fomento Economico MexicanoB de CV ranks worse than 59.61% on this metric.

Fomento Economico MexicanoB de CV's average Accounts Payable for the three months ended in Mar. 2026 was $5,203 Mil. Fomento Economico MexicanoB de CV's Cost of Goods Sold for the three months ended in Mar. 2026 was $6,859 Mil. Hence, Fomento Economico MexicanoB de CV's Days Payable for the three months ended in Mar. 2026 was 69.22.

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: 60.45   Med: 67.64   Max: 74.24
Current: 68.64

During the past 13 years, Fomento Economico MexicanoB de CV's highest Days Payable was 74.24. The lowest was 60.45. And the median was 67.64.

FMX's Days Payable is ranked worse than
59.61% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.45 vs FMX: 68.64

Fomento Economico MexicanoB de CV's Days Payable declined from Mar. 2025 (74.21) to Mar. 2026 (69.22). It may suggest that Fomento Economico MexicanoB de CV accelerated paying its suppliers.


Fomento Economico MexicanoB de CV Days Payable Related Terms


Fomento Economico MexicanoB de CV Days Payable Historical Data

* Premium members only.

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.

Fomento Economico MexicanoB de CV Days Payable Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.71 72.55 64.59 78.17 64.82

Fomento Economico MexicanoB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 74.21 0.00 0.00 66.44 69.22

FMX vs STZ, TAP: Days Payable Comparison

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 Days Payable vs 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.


FMX
93GF Score
Fomento Economico Mexicano SAB de CV FMX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4646.787 + 5203.241) / 2 ) / 27734.44*365
=4925.014 / 27734.44*365
=64.82

Fomento Economico MexicanoB de CV's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5203.241 + 0) / 1 ) / 6859.206*365 / 4
=5203.241 / 6859.206*365 / 4
=69.22

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 69.22 mean?
Fomento Economico MexicanoB de CV (FMX) has a Days Payable of 69.22 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fomento Economico MexicanoB de CV and its competitors. This is near median its historical median of 67.64. Over the past decade, Fomento Economico MexicanoB de CV's Days Payable has ranged from 60.45 to 74.24. According to the industry distribution chart, Fomento Economico MexicanoB de CV ranks #121 out of 203 companies in the Beverages - Alcoholic industry, placing it in the top 59.6%.
Is Fomento Economico MexicanoB de CV's Days Payable too high?
Fomento Economico MexicanoB de CV's current Days Payable of 69.22 is near median its 10-year median of 67.64. Over the past 10 years, this metric has ranged from a low of 60.45 to a high of 74.24. The Beverages - Alcoholic industry median Days Payable is 80.45. Fomento Economico MexicanoB de CV's value of 69.22 is 14% below this industry median. Based on the distribution chart, Fomento Economico MexicanoB de CV ranks #121 out of 203 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Fomento Economico MexicanoB de CV has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fomento Economico MexicanoB de CV's Days Payable compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Fomento Economico MexicanoB de CV ranks #121 out of 203 companies for Days Payable. This places Fomento Economico MexicanoB de CV in the lower half of its industry. The industry median Days Payable is 80.45. Fomento Economico MexicanoB de CV's value of 69.22 is 14% below this benchmark. Historically, Fomento Economico MexicanoB de CV's own Days Payable has ranged from 60.45 to 74.24 over the past decade. While the company's 10-year median is 67.64 vs. the industry median of 80.45, Fomento Economico MexicanoB de CV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.45, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fomento Economico MexicanoB de CV's current Days Payable of 69.22 is 14% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fomento Economico MexicanoB de CV and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento Economico MexicanoB de CV's current Days Payable is 69.22, which is near median its own 10-year median of 67.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento Economico MexicanoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV (FMX) is currently considered Fairly Valued. The stock's GF Value™ is $131.18, compared to a current price of $123.94 — trading 5.5% below its estimated fair value. The current Days Payable is 69.22, which is near median its 10-year median of 67.64 and 14% below the Beverages - Alcoholic industry median of 80.45. Fomento Economico MexicanoB de CV's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Fomento Economico MexicanoB de CV (FMX), the current Days Payable is 69.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fomento Economico MexicanoB de CV (FMX) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be undervalued. The current stock price of $123.94 is trading 5.5% below its estimated GF Value™ of $131.18. GuruFocus considers Fomento Economico MexicanoB de CV to be Fairly Valued.

Key valuation signals for FMX:

  • Days Payable: 69.22 (near median its 10-year median of 67.64)
  • GF Value™: $131.18 vs. price of $123.94 (5.5% below fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 14% below the Beverages - Alcoholic median (#121 of 203)

No single metric tells the full story. See the FMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 over 70% of total company revenue and over 90% of profits in 2025.
93GF Score

Get the complete analysis for FMX

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.94
Price
$131.18
GF Value