Quinenco (XSGO:QUINENCO) Days Payable : 34.90 (As of Dec. 2023)

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What is Quinenco Days Payable?

Quinenco's average Accounts Payable for the three months ended in Dec. 2023 was CLP531,096 Mil. Quinenco's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP1,388,620 Mil. Hence, Quinenco's Days Payable for the three months ended in Dec. 2023 was 34.90.

The historical rank and industry rank for Quinenco's Days Payable or its related term are showing as below:

XSGO:QUINENCO' s Days Payable Range Over the Past 10 Years
Min: 34.85 Med: 46.39 Max: 69.61
Current: 36.34

During the past 13 years, Quinenco's highest Days Payable was 69.61. The lowest was 34.85. And the median was 46.39.

XSGO:QUINENCO's Days Payable is ranked worse than
73.99% of 469 companies
in the Conglomerates industry
Industry Median: 59.22 vs XSGO:QUINENCO: 36.34

Quinenco's Days Payable declined from Dec. 2022 (37.11) to Dec. 2023 (34.90). It may suggest that Quinenco accelerated paying its suppliers.

Quinenco Days Payable Historical Data

The historical data trend for Quinenco'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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Quinenco Days Payable Chart

Quinenco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.41

56.76

69.61

55.25

54.50

Quinenco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															37.11	40.40	24.28	26.69	34.90

Competitive Comparison of Quinenco's Days Payable

For the Conglomerates subindustry, Quinenco'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.

Quinenco's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Quinenco's Days Payable distribution charts can be found below:

* The bar in red indicates where Quinenco's Days Payable falls into.

Quinenco 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.

Quinenco'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
=	( (736703.052	+	705413.616)	/	2 )	/	4829410.102	*	365
=	721058.334					/	4829410.102	*	365
=	54.50

Quinenco's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (356778.602	+	705413.616)	/	2 )	/	1388620.208	*	365 / 4
=	531096.109					/	1388620.208	*	365 / 4
=	34.90

Quinenco Days Payable Related Terms

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Quinenco (XSGO:QUINENCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Quinenco SA (XSGO:QUINENCO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Enrique Foster Sur 20, Piso 14 Las Condes, Santiago, CHL

Website

http://www.quinenco.cl

Quinenco SA is a Chilean business conglomerate. The group operates businesses in financial services, beverages and food, manufacturing, transport, energy, and port and shipping services. The largest segment by net income, financial services, consists primarily of the participation in Banco de Chile. The bank provides retail and wholesale banking services in Chile. Other business participations include a beverage and food distribution company with presence in South America, a French power-cable producer, a Latin American flexible-packaging producer, a Chilean fuel and lubricant distributor, a German container shipping operator, and a South American port operator.

Quinenco (XSGO:QUINENCO) Headlines

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