Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Days Payable : 47.45 (As of Mar. 2024)

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What is Grupo Comercial ChedrauiB de CV Days Payable?

Grupo Comercial ChedrauiB de CV's average Accounts Payable for the three months ended in Mar. 2024 was $1,558 Mil. Grupo Comercial ChedrauiB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,996 Mil. Hence, Grupo Comercial ChedrauiB de CV's Days Payable for the three months ended in Mar. 2024 was 47.45.

The historical rank and industry rank for Grupo Comercial ChedrauiB de CV's Days Payable or its related term are showing as below:

GCHEF' s Days Payable Range Over the Past 10 Years
Min: 51.12 Med: 62.17 Max: 66.78
Current: 63.71

During the past 13 years, Grupo Comercial ChedrauiB de CV's highest Days Payable was 66.78. The lowest was 51.12. And the median was 62.17.

GCHEF's Days Payable is ranked better than
72.17% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.48 vs GCHEF: 63.71

Grupo Comercial ChedrauiB de CV's Days Payable increased from Dec. 2022 (45.21) to Mar. 2024 (47.45). It may suggest that Grupo Comercial ChedrauiB de CV delayed paying its suppliers.

Grupo Comercial ChedrauiB de CV Days Payable Historical Data

The historical data trend for Grupo Comercial ChedrauiB 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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Grupo Comercial ChedrauiB de CV Days Payable Chart

Grupo Comercial ChedrauiB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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60.62

61.48

59.05

56.43

49.93

Grupo Comercial ChedrauiB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															45.21	48.63	45.35	48.12	47.45

Competitive Comparison of Grupo Comercial ChedrauiB de CV's Days Payable

For the Grocery Stores subindustry, Grupo Comercial ChedrauiB 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.

Grupo Comercial ChedrauiB de CV's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Grupo Comercial ChedrauiB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Grupo Comercial ChedrauiB de CV's Days Payable falls into.

Grupo Comercial ChedrauiB 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.

Grupo Comercial ChedrauiB de CV's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1281.293	+	1525.907)	/	2 )	/	10259.844	*	365
=	1403.6					/	10259.844	*	365
=	49.93

Grupo Comercial ChedrauiB de CV's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1489.029	+	1626.832)	/	2 )	/	2996.202	*	365 / 4
=	1557.9305					/	2996.202	*	365 / 4
=	47.45

Grupo Comercial ChedrauiB de CV Days Payable Related Terms

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Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Grupo Comercial Chedraui SAB de CV (OTCPK:GCHEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CHDRAUIB:Mexico

Address

Avenida Constituyentes 1150, Colonia Lomas Altas, Mexico, DF, MEX, 11950

Website

http://www.chedraui.com.mx

Grupo Comercial Chedraui SAB de CV is a Spanish company engaged in the operation of hypermarkets in Mexico and supermarkets in the United States, and it also has a real estate division. In Mexico, the company operates through two retail formats: Tiendas Chedraui and Super Chedraui, which represent different sizes and depth of assortment. The retail stores in the U.S. are located in three southwest states: California, Nevada, and Arizona. The real estate division is involved in locating, building, and remodelling the stores, as well as leasing commercial space in shopping malls where there are Chedraui stores.