Grupo CarsoB de CV (Grupo CarsoB de CV) Days Payable : 50.85 (As of Mar. 2024)

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What is Grupo CarsoB de CV Days Payable?

Grupo CarsoB de CV's average Accounts Payable for the three months ended in Mar. 2024 was $1,139 Mil. Grupo CarsoB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,043 Mil. Hence, Grupo CarsoB de CV's Days Payable for the three months ended in Mar. 2024 was 50.85.

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

GPOVY' s Days Payable Range Over the Past 10 Years
Min: 42.31 Med: 60.18 Max: 66.47
Current: 45.05

During the past 13 years, Grupo CarsoB de CV's highest Days Payable was 66.47. The lowest was 42.31. And the median was 60.18.

GPOVY's Days Payable is ranked better than
51.81% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs GPOVY: 45.05

Grupo CarsoB de CV's Days Payable increased from Mar. 2023 (42.04) to Mar. 2024 (50.85). It may suggest that Grupo CarsoB de CV delayed paying its suppliers.

Grupo CarsoB de CV Days Payable Historical Data

The historical data trend for Grupo CarsoB 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 CarsoB de CV Days Payable Chart

Grupo CarsoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.93

62.95

51.32

41.40

45.09

Grupo CarsoB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															42.04	42.02	43.36	42.99	50.85

Competitive Comparison of Grupo CarsoB de CV's Days Payable

For the Conglomerates subindustry, Grupo CarsoB 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 CarsoB de CV's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Days Payable distribution charts can be found below:

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

Grupo CarsoB 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 CarsoB 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
=	( (928.607	+	1196.869)	/	2 )	/	8602.844	*	365
=	1062.738					/	8602.844	*	365
=	45.09

Grupo CarsoB 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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1196.869	+	1080.204)	/	2 )	/	2043.137	*	365 / 4
=	1138.5365					/	2043.137	*	365 / 4
=	50.85

Grupo CarsoB de CV Days Payable Related Terms

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Grupo CarsoB de CV (Grupo CarsoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grupo Carso SAB de CV (OTCPK:GPOVY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GPOVF:USA GCARSOA1:Mexico 4GF:Germany

Address

255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529

Website

http://www.gcarso.com.mx

Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.