Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Days Payable

: 0.00 (As of Sep. 2023)

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Fomento Economico MexicanoB de CV's average Accounts Payable for the three months ended in Sep. 2023 was $0 Mil. Fomento Economico MexicanoB de CV's Cost of Goods Sold for the three months ended in Sep. 2023 was $6,660 Mil. Hence, Fomento Economico MexicanoB de CV's Days Payable for the three months ended in Sep. 2023 was 0.00.

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

FMX' s Days Payable Range Over the Past 10 Years
Min: 20.25 Med: 56.33 Max: 59.94
Current: 20.25

During the past 13 years, Fomento Economico MexicanoB de CV's highest Days Payable was 59.94. The lowest was 20.25. And the median was 56.33.

FMX's Days Payable is ranked worse than
92.12% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.66 vs FMX: 20.25

Fomento Economico MexicanoB de CV's Days Payable declined from Sep. 2022 (23.60) to Sep. 2023 (0.00). It may suggest that Fomento Economico MexicanoB de CV accelerated paying its suppliers.

Fomento Economico MexicanoB de CV Days Payable Historical Data

The historical data trend for Fomento Economico MexicanoB 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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Fomento Economico MexicanoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.08

68.19

64.40

61.18

58.87

Fomento Economico MexicanoB de CV 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															33.66	58.53	-	-	-

Competitive Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV Days Payable Distribution

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

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

Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB 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
=	( (3227.211	+	4021.338)	/	2 )	/	21621.564	*	365
=	3624.2745					/	21621.564	*	365
=	61.18

Fomento Economico MexicanoB 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
=	( (0	+	0)	/	1 )	/	6660.238	*	365 / 4
=	0					/	6660.238	*	365 / 4
=	0.00

Fomento Economico MexicanoB de CV Days Payable Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fomento Economico Mexicano SAB de CV (NYSE:FMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FMXUF:USA FEMSAUB:Mexico FEMSAUBD:Mexico FOMC:Germany FOMA:Germany FMX:Argentina

Address

General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410

Website

https://www.femsa.com

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 has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.