GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Embotelladora Andina SA (NYSE:AKO.B) » Definitions » Days Payable

Embotelladora Andina (Embotelladora Andina) Days Payable : 87.09 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Embotelladora Andina Days Payable?

Embotelladora Andina's average Accounts Payable for the three months ended in Mar. 2024 was $522 Mil. Embotelladora Andina's Cost of Goods Sold for the three months ended in Mar. 2024 was $547 Mil. Hence, Embotelladora Andina's Days Payable for the three months ended in Mar. 2024 was 87.09.

The historical rank and industry rank for Embotelladora Andina's Days Payable or its related term are showing as below:

AKO.B' s Days Payable Range Over the Past 10 Years
Min: 66.02   Med: 82.13   Max: 93.44
Current: 80.65

During the past 13 years, Embotelladora Andina's highest Days Payable was 93.44. The lowest was 66.02. And the median was 82.13.

AKO.B's Days Payable is ranked better than
64.81% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.55 vs AKO.B: 80.65

Embotelladora Andina's Days Payable increased from Mar. 2023 (70.66) to Mar. 2024 (87.09). It may suggest that Embotelladora Andina delayed paying its suppliers.


Embotelladora Andina Days Payable Historical Data

The historical data trend for Embotelladora Andina'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.

Embotelladora Andina Days Payable Chart

Embotelladora Andina 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 86.79 83.71 79.78 79.84 93.00

Embotelladora Andina 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 70.66 70.59 73.47 95.50 87.09

Competitive Comparison of Embotelladora Andina's Days Payable

For the Beverages - Non-Alcoholic subindustry, Embotelladora Andina'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.


Embotelladora Andina's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Embotelladora Andina's Days Payable distribution charts can be found below:

* The bar in red indicates where Embotelladora Andina's Days Payable falls into.



Embotelladora Andina 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.

Embotelladora Andina'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
=( (443.826 + 491.336) / 2 ) / 1835.154*365
=467.581 / 1835.154*365
=93.00

Embotelladora Andina'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
=( (491.336 + 553.307) / 2 ) / 547.271*365 / 4
=522.3215 / 547.271*365 / 4
=87.09

* 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.


Embotelladora Andina Days Payable Related Terms

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


Embotelladora Andina (Embotelladora Andina) Business Description

Address
Miraflores 9153, 7th Floor, Renca, Santiago, CHL
Embotelladora Andina SA is a Coca-Cola bottler in Latin America that produces carbonated soft drinks, water, fruit juices, energy drinks, and sports drinks that it sells under various Coca-Cola brands. Its geographic segment includes Chile, Brazil, Argentina, and Paraguay. The company also sells non-Coca-Cola branded teas, juices, beers, and spirits.

Embotelladora Andina (Embotelladora Andina) Headlines

From GuruFocus

3 Defensive Stocks for the Value Investor

By Alberto Abaterusso 11-14-2021

3 High Return Non-Cyclical Stocks

By Alberto Abaterusso 01-20-2022

Embotelladora Andina SA's Dividend Analysis

By GuruFocus Research 01-17-2024

Embotelladora Andina SA's Dividend Analysis

By GuruFocus Research 10-18-2023

Chilean Coke Bottler Off Its Low

By Holmes Osborne, CFA Holmes Osborne, CFA 06-02-2016

Ex-Dividend Date Reminder for January 12, 2012

By Dividend Dividend 01-11-2012