Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) Days Payable: 752.51 (As of Dec. 2024)

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What is Compania Colombiana de Tejidos Coltejer Days Payable?

Compania Colombiana de Tejidos Coltejer BOG:COLTEJER Days Payable is 752.51 as of Dec. 2024.

Compania Colombiana de Tejidos Coltejer's average Accounts Payable for the six months ended in Dec. 2024 was COP5,364.5 Mil. Compania Colombiana de Tejidos Coltejer's Cost of Goods Sold for the six months ended in Dec. 2024 was COP1,301.0 Mil. Hence, Compania Colombiana de Tejidos Coltejer's Days Payable for the six months ended in Dec. 2024 was 752.51.

The historical rank and industry rank for Compania Colombiana de Tejidos Coltejer's Days Payable or its related term are showing as below:

BOG:COLTEJER's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.29
* Ranked among companies with meaningful Days Payable only.

Compania Colombiana de Tejidos Coltejer's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (752.51). It may suggest that Compania Colombiana de Tejidos Coltejer delayed paying its suppliers.

Compania Colombiana de Tejidos Coltejer Days Payable Related Terms

Compania Colombiana de Tejidos Coltejer Days Payable Historical Data

* Premium members only.

The historical data trend for Compania Colombiana de Tejidos Coltejer'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.

Compania Colombiana de Tejidos Coltejer Days Payable Chart

Compania Colombiana de Tejidos Coltejer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 242.34 866.45 1,337.41 1,765.24 697.04

Compania Colombiana de Tejidos Coltejer Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 798.33 1,686.45 0.00 1,605.53 752.51

BOG:COLTEJER vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Compania Colombiana de Tejidos Coltejer'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.

Compania Colombiana de Tejidos Coltejer Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Compania Colombiana de Tejidos Coltejer's Days Payable distribution charts can be found below:

* The bar in red indicates where Compania Colombiana de Tejidos Coltejer's Days Payable falls into.


Compania Colombiana de Tejidos Coltejer 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.

Compania Colombiana de Tejidos Coltejer's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0 + 3955) / 1 ) / 2071*365
=3955 / 2071*365
=697.04

Compania Colombiana de Tejidos Coltejer's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (6774 + 3955) / 2 ) / 1301*365 / 2
=5364.5 / 1301*365 / 2
=752.51

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 752.51 mean?
Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) has a Days Payable of 752.51 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Compania Colombiana de Tejidos Coltejer and its competitors.
Is Compania Colombiana de Tejidos Coltejer's Days Payable too high?
Compania Colombiana de Tejidos Coltejer's current Days Payable is 752.51. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.29. Compania Colombiana de Tejidos Coltejer's value of 752.51 is 1312.1% above this industry median.
How does Compania Colombiana de Tejidos Coltejer's Days Payable compare to AIN?
Compania Colombiana de Tejidos Coltejer's Days Payable of 752.51 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 53.29. Compania Colombiana de Tejidos Coltejer's value of 752.51 is 1312.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.29, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Compania Colombiana de Tejidos Coltejer's current Days Payable of 752.51 is 1312.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Compania Colombiana de Tejidos Coltejer and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania Colombiana de Tejidos Coltejer's current Days Payable is 752.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania Colombiana de Tejidos Coltejer stock overvalued right now?
Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) has a current Days Payable of 752.51. The current Days Payable is 752.51 and 1312.1% above the Manufacturing - Apparel & Accessories industry median of 53.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER), the current Days Payable is 752.51 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Compania Colombiana de Tejidos Coltejer Business Description

Address Carrera 42, No 54 A-161, Autopista Sur, Itagui, COL
Compania Colombiana de Tejidos Coltejer is principally engaged in the textile industry. Its activities include the production, distribution and sale of natural, artificial and synthetic fibers, fabrics and textiles.