Industrias BachocoB de CV (Industrias BachocoB de CV) Days Payable : 31.67 (As of Sep. 2023)

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What is Industrias BachocoB de CV Days Payable?

Industrias BachocoB de CV's average Accounts Payable for the three months ended in Sep. 2023 was $398 Mil. Industrias BachocoB de CV's Cost of Goods Sold for the three months ended in Sep. 2023 was $1,147 Mil. Hence, Industrias BachocoB de CV's Days Payable for the three months ended in Sep. 2023 was 31.67.

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

IDBHF' s Days Payable Range Over the Past 10 Years
Min: 26.85 Med: 31.35 Max: 34.96
Current: 31.39

During the past 13 years, Industrias BachocoB de CV's highest Days Payable was 34.96. The lowest was 26.85. And the median was 31.35.

IDBHF's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 45.835 vs IDBHF: 31.39

Industrias BachocoB de CV's Days Payable increased from Sep. 2022 (26.85) to Sep. 2023 (31.67). It may suggest that Industrias BachocoB de CV delayed paying its suppliers.

Industrias BachocoB de CV Days Payable Historical Data

The historical data trend for Industrias BachocoB 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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Industrias BachocoB de CV Days Payable Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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27.25

27.65

27.53

34.12

31.49

Industrias BachocoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															26.85	26.53	33.13	33.18	31.67

Competitive Comparison of Industrias BachocoB de CV's Days Payable

For the Farm Products subindustry, Industrias BachocoB 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.

Industrias BachocoB de CV's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Industrias BachocoB de CV's Days Payable distribution charts can be found below:

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

Industrias BachocoB 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.

Industrias BachocoB 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
=	( (395.948	+	330.176)	/	2 )	/	4207.673	*	365
=	363.062					/	4207.673	*	365
=	31.49

Industrias BachocoB de CV's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (370.359	+	425.486)	/	2 )	/	1146.542	*	365 / 4
=	397.9225					/	1146.542	*	365 / 4
=	31.67

Industrias BachocoB de CV Days Payable Related Terms

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Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IDBHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.