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FMX (Fomento Economico MexicanoB de CV) Days Sales Outstanding : 19.53 (As of Sep. 2024)


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What is Fomento Economico MexicanoB de CV Days Sales Outstanding?

Fomento Economico MexicanoB de CV's average Accounts Receivable for the three months ended in Sep. 2024 was $2,138 Mil. Fomento Economico MexicanoB de CV's Revenue for the three months ended in Sep. 2024 was $9,993 Mil. Hence, Fomento Economico MexicanoB de CV's Days Sales Outstanding for the three months ended in Sep. 2024 was 19.53.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Days Sales Outstanding or its related term are showing as below:

FMX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.51   Med: 19.92   Max: 21.85
Current: 19.26

During the past 13 years, Fomento Economico MexicanoB de CV's highest Days Sales Outstanding was 21.85. The lowest was 15.51. And the median was 19.92.

FMX's Days Sales Outstanding is ranked better than
75.12% of 213 companies
in the Beverages - Alcoholic industry
Industry Median: 42.74 vs FMX: 19.26

Fomento Economico MexicanoB de CV's Days Sales Outstanding declined from Sep. 2023 (23.47) to Sep. 2024 (19.53).


Fomento Economico MexicanoB de CV Days Sales Outstanding Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Days Sales Outstanding 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.

* Premium members only.

Fomento Economico MexicanoB de CV Days Sales Outstanding Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.26 20.76 21.32 21.38 18.01

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding 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 23.47 19.60 18.52 18.93 19.53

Competitive Comparison of Fomento Economico MexicanoB de CV's Days Sales Outstanding

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Days Sales Outstanding falls into.



Fomento Economico MexicanoB de CV Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Fomento Economico MexicanoB de CV's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2057.191 + 2028.072) / 2 ) / 41397.533*365
=2042.6315 / 41397.533*365
=18.01

Fomento Economico MexicanoB de CV's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (2169.42 + 2107.18) / 2 ) / 9993.296*365 / 4
=2138.3 / 9993.296*365 / 4
=19.53

* 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  (NYSE:FMX) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Fomento Economico MexicanoB de CV Days Sales Outstanding Related Terms

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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 75% of total company revenue and around 90% of profits in 2023.