Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Days Payable: 64.77 (As of Jun. 2023)


BOG:PROTECCION Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
12 GF Score
Price COP78,000.00
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What is Administradora de Fondos de Pensiones y Cesantia Proteccion Days Payable?

Administradora de Fondos de Pensiones y Cesantia Proteccion BOG:PROTECCION 12 Days Payable is 64.77 as of Jun. 2023. GuruFocus rates BOG:PROTECCION with a GF Score™ of 12/100.

Administradora de Fondos de Pensiones y Cesantia Proteccion's average Accounts Payable for the six months ended in Jun. 2023 was COP33,450 Mil. Administradora de Fondos de Pensiones y Cesantia Proteccion's Cost of Goods Sold for the six months ended in Jun. 2023 was COP94,257 Mil. Hence, Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable for the six months ended in Jun. 2023 was 64.77.

The historical rank and industry rank for Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable or its related term are showing as below:

BOG:PROTECCION's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.83
* Ranked among companies with meaningful Days Payable only.

Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable increased from Dec. 2021 (58.29) to Jun. 2023 (64.77). It may suggest that Administradora de Fondos de Pensiones y Cesantia Proteccion delayed paying its suppliers.

Administradora de Fondos de Pensiones y Cesantia Proteccion Days Payable Related Terms

Administradora de Fondos de Pensiones y Cesantia Proteccion Days Payable Historical Data

* Premium members only.

The historical data trend for Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Days Payable Chart

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.98 35.61 58.73 68.45 86.95

Administradora de Fondos de Pensiones y Cesantia Proteccion Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 41.09 54.98 58.29 105.94 64.77

BOG:PROTECCION vs BLK, BX, BK: Days Payable Comparison

For the Asset Management subindustry, Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable falls into.


BOG:PROTECCION
12GF Score
Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
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Administradora de Fondos de Pensiones y Cesantia Proteccion 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (38176 + 48043) / 2 ) / 180964*365
=43109.5 / 180964*365
=86.95

Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (57074.683 + 9825.038) / 2 ) / 94256.745*365 / 2
=33449.8605 / 94256.745*365 / 2
=64.77

* 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 64.77 mean?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Days Payable of 64.77 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Days Payable is 64.77. The Asset Management industry median Days Payable is 70.83. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 64.77 is 8.6% below this industry median. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Days Payable of 64.77 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.83. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 64.77 is 8.6% below 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 480 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Days Payable of 64.77 is 8.6% below 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 Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Days Payable is 64.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Days Payable of 64.77. The current Days Payable is 64.77 and 8.6% below the Asset Management industry median of 70.83. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. 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 Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Days Payable is 64.77 as of Jun. 2023. 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description

Address Calle 49 No. 63-100 Torre Protection, Medellin, COL
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
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COP78,000.00
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