Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Days Payable : 313.67 (As of Jun. 2024)

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What is Corporacion de Ferias y Exposiciones Days Payable?

Corporacion de Ferias y Exposiciones's average Accounts Payable for the three months ended in Jun. 2024 was COP4,498 Mil. Corporacion de Ferias y Exposiciones's Cost of Goods Sold for the three months ended in Jun. 2024 was COP1,308 Mil. Hence, Corporacion de Ferias y Exposiciones's Days Payable for the three months ended in Jun. 2024 was 313.67.

The historical rank and industry rank for Corporacion de Ferias y Exposiciones's Days Payable or its related term are showing as below:

BOG:CORFERIAS' s Days Payable Range Over the Past 10 Years
Min: 568.27 Med: 1577.63 Max: 7514.11
Current: 568.27

During the past 13 years, Corporacion de Ferias y Exposiciones's highest Days Payable was 7514.11. The lowest was 568.27. And the median was 1577.63.

BOG:CORFERIAS's Days Payable is ranked better than
95.68% of 926 companies
in the Business Services industry
Industry Median: 47.305 vs BOG:CORFERIAS: 568.27

Corporacion de Ferias y Exposiciones's Days Payable declined from Jun. 2023 (446.60) to Jun. 2024 (313.67). It may suggest that Corporacion de Ferias y Exposiciones accelerated paying its suppliers.

Corporacion de Ferias y Exposiciones Days Payable Historical Data

The historical data trend for Corporacion de Ferias y Exposiciones'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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Corporacion de Ferias y Exposiciones Days Payable Chart

Corporacion de Ferias y Exposiciones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,458.77

5,069.48

1,672.95

704.24

995.75

Corporacion de Ferias y Exposiciones Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															446.60	497.09	561.55	1,639.89	313.67

Competitive Comparison of Corporacion de Ferias y Exposiciones's Days Payable

For the Specialty Business Services subindustry, Corporacion de Ferias y Exposiciones'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.

Corporacion de Ferias y Exposiciones's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Corporacion de Ferias y Exposiciones's Days Payable distribution charts can be found below:

* The bar in red indicates where Corporacion de Ferias y Exposiciones's Days Payable falls into.

Corporacion de Ferias y Exposiciones 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.

Corporacion de Ferias y Exposiciones'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
=	( (9343.352	+	16337.225)	/	2 )	/	4706.692	*	365
=	12840.2885					/	4706.692	*	365
=	995.75

Corporacion de Ferias y Exposiciones's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (5166.415	+	3829.206)	/	2 )	/	1308.441	*	365 / 4
=	4497.8105					/	1308.441	*	365 / 4
=	313.67

Corporacion de Ferias y Exposiciones Days Payable Related Terms

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Corporacion de Ferias y Exposiciones Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Corporacion de Ferias y Exposiciones SA (BOG:CORFERIAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrera 37, No. 24-67, Bogota, COL

Website

http://www.corferias.com

Corporacion de Ferias y Exposiciones SA organizes trade fairs, exhibitions and conventions in the Andean Region, Central America, and the Caribbean. The company also provides Banking, Travel, Health, and other services.

Corporacion de Ferias y Exposiciones Headlines

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