Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Days Payable : 164.52 (As of Dec. 2023)

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What is Betterware de MexicoPI de CV Days Payable?

Betterware de MexicoPI de CV's average Accounts Payable for the three months ended in Dec. 2023 was $108.5 Mil. Betterware de MexicoPI de CV's Cost of Goods Sold for the three months ended in Dec. 2023 was $60.2 Mil. Hence, Betterware de MexicoPI de CV's Days Payable for the three months ended in Dec. 2023 was 164.52.

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

BWMX' s Days Payable Range Over the Past 10 Years
Min: 135.73 Med: 160.34 Max: 169.76
Current: 165.28

During the past 7 years, Betterware de MexicoPI de CV's highest Days Payable was 169.76. The lowest was 135.73. And the median was 160.34.

BWMX's Days Payable is ranked better than
88.33% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs BWMX: 165.28

Betterware de MexicoPI de CV's Days Payable increased from Dec. 2022 (138.75) to Dec. 2023 (164.52). It may suggest that Betterware de MexicoPI de CV delayed paying its suppliers.

Betterware de MexicoPI de CV Days Payable Historical Data

The historical data trend for Betterware de MexicoPI 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.

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Betterware de MexicoPI de CV Days Payable Chart

Betterware de MexicoPI de CV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.36

146.70

167.51

171.08

151.31

Betterware de MexicoPI de CV 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															138.75	145.94	172.44	186.91	164.52

Competitive Comparison of Betterware de MexicoPI de CV's Days Payable

For the Specialty Retail subindustry, Betterware de MexicoPI 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.

Betterware de MexicoPI de CV's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Betterware de MexicoPI de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Betterware de MexicoPI de CV's Days Payable falls into.

Betterware de MexicoPI 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.

Betterware de MexicoPI de CV'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
=	( (75.33	+	105.455)	/	2 )	/	218.051	*	365
=	90.3925					/	218.051	*	365
=	151.31

Betterware de MexicoPI de CV'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
=	( (111.628	+	105.455)	/	2 )	/	60.201	*	365 / 4
=	108.5415					/	60.201	*	365 / 4
=	164.52

Betterware de MexicoPI de CV Days Payable Related Terms

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Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Betterware de Mexico SAPI de CV (NAS:BWMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BM0:Germany

Address

Luis Enrique Williams 549, Colonia Belenes Norte, Zapopan, JAL, MEX, 45145

Website

https://www.betterware.com.mx

Betterware de Mexico SAPI de CV is a direct-to-consumer selling company. The company operates through two business segments: the home organization products (Betterware segment or BWM segment) and the beauty and personal care products (B and PC) (JAFRA segment). The Betterware's segment is divided in six categories of the home organization: i) Kitchen and food preservation, ii) Home solutions, iii) Bedroom, iv) Bathroom, v) Laundry and Cleaning and vi) Tech and mobility. The JAFRA's segment is divided in four categories of the beauty and personal care: i) fragrance, ii) color, iii) skin care and iv) toiletries. The company's segments products are sold in twelve catalogs published throughout the year. The company operates mainly in Mexico and the United States.