Sociedad Comercial del Plata (BUE:COME) Days Payable : 16.69 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Sociedad Comercial del Plata Days Payable?

Sociedad Comercial del Plata's average Accounts Payable for the three months ended in Dec. 2023 was ARS21,255 Mil. Sociedad Comercial del Plata's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS116,195 Mil. Hence, Sociedad Comercial del Plata's Days Payable for the three months ended in Dec. 2023 was 16.69.

The historical rank and industry rank for Sociedad Comercial del Plata's Days Payable or its related term are showing as below:

BUE:COME' s Days Payable Range Over the Past 10 Years
Min: 11.56 Med: 36.81 Max: 97.74
Current: 22.86

During the past 13 years, Sociedad Comercial del Plata's highest Days Payable was 97.74. The lowest was 11.56. And the median was 36.81.

BUE:COME's Days Payable is ranked worse than
88.25% of 468 companies
in the Conglomerates industry
Industry Median: 57.64 vs BUE:COME: 22.86

Sociedad Comercial del Plata's Days Payable increased from Dec. 2022 (5.21) to Dec. 2023 (16.69). It may suggest that Sociedad Comercial del Plata delayed paying its suppliers.

Sociedad Comercial del Plata Days Payable Historical Data

The historical data trend for Sociedad Comercial del Plata'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.

* Premium members only.

Sociedad Comercial del Plata Days Payable Chart

Sociedad Comercial del Plata Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

26.26

31.48

17.44

11.56

33.51

Sociedad Comercial del Plata 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															5.21	33.15	16.97	21.53	16.69

Competitive Comparison of Sociedad Comercial del Plata's Days Payable

For the Conglomerates subindustry, Sociedad Comercial del Plata'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.

Sociedad Comercial del Plata's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sociedad Comercial del Plata's Days Payable distribution charts can be found below:

* The bar in red indicates where Sociedad Comercial del Plata's Days Payable falls into.

Sociedad Comercial del Plata 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.

Sociedad Comercial del Plata'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
=	( (10728.769	+	29751.133)	/	2 )	/	220436.608	*	365
=	20239.951					/	220436.608	*	365
=	33.51

Sociedad Comercial del Plata'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
=	( (12758.046	+	29751.133)	/	2 )	/	116195.281	*	365 / 4
=	21254.5895					/	116195.281	*	365 / 4
=	16.69

Sociedad Comercial del Plata Days Payable Related Terms

Thank you for viewing the detailed overview of Sociedad Comercial del Plata's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sociedad Comercial del Plata (BUE:COME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sociedad Comercial del Plata SA (BUE:COME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CADN:Switzerland

Address

1st Floor, Tower B, Thames Office Park,, Pan American Collector, Buenos Aires, ARG, B1607EEV

Website

http://www.scp.com.ar

Sociedad Comercial del Plata SA is an investment holding company. It invests in companies engaged in construction, agribusiness, entertainment, energy, transportation and infrastructure and real estate sectors.

Sociedad Comercial del Plata (BUE:COME) Headlines

No Headlines