Grupo AeromexicoB de CV (MEX:AEROMEX) Days Payable

: 75.10 (As of Sep. 2022)

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Grupo AeromexicoB de CV's average Accounts Payable for the three months ended in Sep. 2022 was MXN14,773 Mil. Grupo AeromexicoB de CV's Cost of Goods Sold for the three months ended in Sep. 2022 was MXN17,950 Mil. Hence, Grupo AeromexicoB de CV's Days Payable for the three months ended in Sep. 2022 was 75.10.

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

MEX:AEROMEX' s Days Payable Range Over the Past 10 Years
Min: 52.32 Med: 76.01 Max: 149.69
Current: 91.6

During the past 13 years, Grupo AeromexicoB de CV's highest Days Payable was 149.69. The lowest was 52.32. And the median was 76.01.

MEX:AEROMEX's Days Payable is not ranked
in the Transportation industry.
Industry Median: 39.16 vs MEX:AEROMEX: 91.60

Grupo AeromexicoB de CV's Days Payable declined from Sep. 2021 (148.09) to Sep. 2022 (75.10). It may suggest that Grupo AeromexicoB de CV accelerated paying its suppliers.

Grupo AeromexicoB de CV Days Payable Historical Data

The historical data trend for Grupo AeromexicoB 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.

* Premium members only.

Grupo AeromexicoB de CV Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

85.46

72.60

82.34

149.69

136.48

Grupo AeromexicoB de CV Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable																148.09	137.52	85.03	73.17	75.10

Competitive Comparison

For the Airlines subindustry, Grupo AeromexicoB 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.

Annual Data Quarterly Data

Grupo AeromexicoB de CV Days Payable Distribution

For the Transportation industry and Industrials sector, Grupo AeromexicoB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Grupo AeromexicoB de CV's Days Payable falls in comparison to its industry or sector. The grey bar indicates the Days Payable's extreme value range as defined by GuruFocus.

Grupo AeromexicoB 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.

Grupo AeromexicoB de CV's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (19454.994	+	14060.324)	/	2 )	/	44817.092	*	365
=	16757.659					/	44817.092	*	365
=	136.48

Grupo AeromexicoB de CV's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (14437.878	+	15108.652)	/	2 )	/	17950.387	*	365 / 4
=	14773.265					/	17950.387	*	365 / 4
=	75.10

Grupo AeromexicoB de CV Days Payable Related Terms

Thank you for viewing the detailed overview of Grupo AeromexicoB de CV's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupo AeromexicoB de CV (MEX:AEROMEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Aeromexico SAB de CV (MEX:AEROMEX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de la Reforma 445, Col. Cuauhtemoc, Mexico City, MEX, 06500

Website

http://www.aeromexico.com

Grupo Aeroméxico SAB de CV is a leader in Mexican air transportation. Revenue is generated by transporting passengers and air cargo and providing additional amenities to improve travel experiences. The company has one reportable segment, air transportation, and reports revenues by geographic region. Mexico accounts for approximately half of total revenue, with North, Central, and South America comprising another material portion. Grupo Aeromexico is a member of a global alliance with other carriers to better assist customers and increase the number of destinations. Additionally, the company utilizes a joint Aeromexico-Delta maintenance and repair facility to maintain and enhance existing fleet.

Grupo AeromexicoB de CV (MEX:AEROMEX) Headlines

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