Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Days Payable

: 24.07 (As of Mar. 2023)

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Grupo Aeroportuario del Centro NorteB de CV's average Accounts Payable for the three months ended in Mar. 2023 was $16.6 Mil. Grupo Aeroportuario del Centro NorteB de CV's Cost of Goods Sold for the three months ended in Mar. 2023 was $63.0 Mil. Hence, Grupo Aeroportuario del Centro NorteB de CV's Days Payable for the three months ended in Mar. 2023 was 24.07.

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

OMAB's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 39.565
* Ranked among companies with meaningful Days Payable only.

Grupo Aeroportuario del Centro NorteB de CV's Days Payable increased from Dec. 2021 (13.13) to Mar. 2023 (24.07). It may suggest that Grupo Aeroportuario del Centro NorteB de CV delayed paying its suppliers.

Grupo Aeroportuario del Centro NorteB de CV Days Payable Historical Data

The historical data trend for Grupo Aeroportuario del Centro NorteB 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 Aeroportuario del Centro NorteB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

21.41

17.79

16.41

11.97

13.51

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23
Days Payable																13.13	21.53	36.29	27.21	24.07

Competitive Comparison

For the Airports & Air Services subindustry, Grupo Aeroportuario del Centro NorteB 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.

Grupo Aeroportuario del Centro NorteB de CV Days Payable Distribution

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

* The bar in red indicates where Grupo Aeroportuario del Centro NorteB de CV's Days Payable falls into.

Grupo Aeroportuario del Centro NorteB 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 Aeroportuario del Centro NorteB 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
=	( (6.012	+	11.446)	/	2 )	/	235.758	*	365
=	8.729					/	235.758	*	365
=	13.51

Grupo Aeroportuario del Centro NorteB de CV's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (11.446	+	21.79)	/	2 )	/	63.002	*	365 / 4
=	16.618					/	63.002	*	365 / 4
=	24.07

Grupo Aeroportuario del Centro NorteB de CV Days Payable Related Terms

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

Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Aeroportuario del Centro Norte SAB de CV (NAS:OMAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAERF:USA OMAB:Mexico G7A:Germany G7AB:Germany G7A:Germany

Address

Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor, Col. San Pedro de los Pinos, Benito Juarez, MEX, MEX, 03800

Website

https://www.oma.aero

Grupo Aeroportuario del Centro Norte operates airports in the central region of Mexico. The largest airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.