Switch to:
Fomento Economico Mexicano SAB de CV (NYSE:FMX)
Days Payable
0.00 (As of Mar. 2016)

Fomento Economico Mexicano SAB de CV's payable for the three months ended in Mar. 2016 was $0 Mil. Fomento Economico Mexicano SAB de CV's cost of goods sold for the three months ended in Mar. 2016 was $3,101 Mil. Hence, Fomento Economico Mexicano SAB de CV's days payable for the three months ended in Mar. 2016 was 0.00.

FMX' s Days Payable Range Over the Past 10 Years
Min: 16.98   Max: 90.97
Current: 80.88

16.98
90.97

During the past 13 years, Fomento Economico Mexicano SAB de CV's highest Days Payable was 90.97. The lowest was 16.98. And the median was 49.53.

FMX's Days Payable is ranked higher than
63% of the 155 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 64.86 vs. FMX: 80.88 )

Fomento Economico Mexicano SAB de CV's days payable declined from Mar. 2015 (24.14) to Mar. 2016 (0.00). It may suggest that Fomento Economico Mexicano SAB de CV accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Fomento Economico Mexicano SAB de CV's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2358.38986261/10555.9725905*365
=81.55

Fomento Economico Mexicano SAB de CV's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/3101.08166055*365 / 4
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Fomento Economico Mexicano SAB de CV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 18.9121.3290.9777.7383.5883.4017.3716.9981.5587.19

Fomento Economico Mexicano SAB de CV Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 15.150.000.000.0097.5324.140.000.0074.900.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK