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Molinos Rio De La Plata (Molinos Rio De La Plata) Days Payable : 113.41 (As of Mar. 2024)


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What is Molinos Rio De La Plata Days Payable?

Molinos Rio De La Plata's average Accounts Payable for the three months ended in Mar. 2024 was $179 Mil. Molinos Rio De La Plata's Cost of Goods Sold for the three months ended in Mar. 2024 was $144 Mil. Hence, Molinos Rio De La Plata's Days Payable for the three months ended in Mar. 2024 was 113.41.

The historical rank and industry rank for Molinos Rio De La Plata's Days Payable or its related term are showing as below:

MOPLF' s Days Payable Range Over the Past 10 Years
Min: 31.61   Med: 46.58   Max: 106.87
Current: 59.93

During the past 13 years, Molinos Rio De La Plata's highest Days Payable was 106.87. The lowest was 31.61. And the median was 46.58.

MOPLF's Days Payable is ranked better than
64.43% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs MOPLF: 59.93

Molinos Rio De La Plata's Days Payable increased from Mar. 2023 (41.51) to Mar. 2024 (113.41). It may suggest that Molinos Rio De La Plata delayed paying its suppliers.


Molinos Rio De La Plata Days Payable Historical Data

The historical data trend for Molinos Rio De La 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.

Molinos Rio De La Plata Days Payable Chart

Molinos Rio De La Plata Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.62 62.53 53.37 54.51 131.09

Molinos Rio De La Plata Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable 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 41.51 67.28 77.78 34.63 113.41

Competitive Comparison of Molinos Rio De La Plata's Days Payable

For the Packaged Foods subindustry, Molinos Rio De La 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.


Molinos Rio De La Plata's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Molinos Rio De La Plata's Days Payable distribution charts can be found below:

* The bar in red indicates where Molinos Rio De La Plata's Days Payable falls into.



Molinos Rio De La 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.

Molinos Rio De La 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
=( (407.013 + 204.321) / 2 ) / 851.072*365
=305.667 / 851.072*365
=131.09

Molinos Rio De La Plata's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (204.321 + 153.274) / 2 ) / 143.865*365 / 4
=178.7975 / 143.865*365 / 4
=113.41

* 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.


Molinos Rio De La Plata Days Payable Related Terms

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


Molinos Rio De La Plata (Molinos Rio De La Plata) Business Description

Traded in Other Exchanges
Address
Uruguay 4075, Victoria, Buenos Aires, ARG, B1644HKG
Molinos Rio De La Plata SA produces, markets and distributes food products. It offers consumer products, including edible oils, frozen foods, dry and fresh pasta, grated bread, sausage, rice, premixes, mate, margarines, and luncheon meat products.

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