Arcos Dorados Holdings (Arcos Dorados Holdings) Days Payable

: 29.94 (As of Sep. 2023)

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Arcos Dorados Holdings's average Accounts Payable for the three months ended in Sep. 2023 was $316 Mil. Arcos Dorados Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $964 Mil. Hence, Arcos Dorados Holdings's Days Payable for the three months ended in Sep. 2023 was 29.94.

The historical rank and industry rank for Arcos Dorados Holdings's Days Payable or its related term are showing as below:

ARCO' s Days Payable Range Over the Past 10 Years
Min: 27.63 Med: 34.25 Max: 45.81
Current: 32.08

During the past 13 years, Arcos Dorados Holdings's highest Days Payable was 45.81. The lowest was 27.63. And the median was 34.25.

ARCO's Days Payable is ranked worse than
62.35% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs ARCO: 32.08

Arcos Dorados Holdings's Days Payable declined from Sep. 2022 (30.69) to Sep. 2023 (29.94). It may suggest that Arcos Dorados Holdings accelerated paying its suppliers.

Arcos Dorados Holdings Days Payable Historical Data

The historical data trend for Arcos Dorados Holdings'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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Arcos Dorados Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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37.35

35.35

45.81

37.40

36.35

Arcos Dorados Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															30.69	33.13	35.64	31.54	29.94

Competitive Comparison

For the Restaurants subindustry, Arcos Dorados Holdings'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.

Arcos Dorados Holdings Days Payable Distribution

For the Restaurants industry and Consumer Cyclical sector, Arcos Dorados Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Arcos Dorados Holdings's Days Payable falls into.

Arcos Dorados Holdings 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.

Arcos Dorados Holdings'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
=	( (269.215	+	353.468)	/	2 )	/	3126.297	*	365
=	311.3415					/	3126.297	*	365
=	36.35

Arcos Dorados Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (307.995	+	324.453)	/	2 )	/	963.865	*	365 / 4
=	316.224					/	963.865	*	365 / 4
=	29.94

Arcos Dorados Holdings Days Payable Related Terms

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Arcos Dorados Holdings (Arcos Dorados Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Arcos Dorados Holdings Inc (NYSE:ARCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARCO:Mexico AD8:Germany AD8:Germany ARCO:Argentina

Address

Dr. Luis Bonavita 1294, Office 501, WTC Free Zone, Montevideo, URY, 11300

Website

https://www.arcosdorados.com

Arcos Dorados Holdings Inc operates McDonald's-branded restaurants in approximately 20 countries and territories in Latin America and the Caribbean. It functions through two sources which include company-operated restaurants and franchised restaurants segment. Their menu includes hamburgers, McNuggets, salad, sandwiches, french fries and others.