Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Days Payable : 81.54 (As of Mar. 2024)

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What is Corporacion Interamericana de EntretenimientoB de CV Days Payable?

Corporacion Interamericana de EntretenimientoB de CV's average Accounts Payable for the three months ended in Mar. 2024 was $18.5 Mil. Corporacion Interamericana de EntretenimientoB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $20.7 Mil. Hence, Corporacion Interamericana de EntretenimientoB de CV's Days Payable for the three months ended in Mar. 2024 was 81.54.

The historical rank and industry rank for Corporacion Interamericana de EntretenimientoB de CV's Days Payable or its related term are showing as below:

CIEZF' s Days Payable Range Over the Past 10 Years
Min: 27.13 Med: 51.18 Max: 191.16
Current: 35.88

During the past 13 years, Corporacion Interamericana de EntretenimientoB de CV's highest Days Payable was 191.16. The lowest was 27.13. And the median was 51.18.

CIEZF's Days Payable is ranked worse than
74.32% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs CIEZF: 35.88

Corporacion Interamericana de EntretenimientoB de CV's Days Payable declined from Mar. 2023 (146.91) to Mar. 2024 (81.54). It may suggest that Corporacion Interamericana de EntretenimientoB de CV accelerated paying its suppliers.

Corporacion Interamericana de EntretenimientoB de CV Days Payable Historical Data

The historical data trend for Corporacion Interamericana de EntretenimientoB de CV'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 Interamericana de EntretenimientoB de CV Days Payable Chart

Corporacion Interamericana de EntretenimientoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.43

196.00

59.73

26.73

37.42

Corporacion Interamericana de EntretenimientoB de CV 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															146.91	128.08	139.14	18.05	81.54

Competitive Comparison of Corporacion Interamericana de EntretenimientoB de CV's Days Payable

For the Entertainment subindustry, Corporacion Interamericana de EntretenimientoB de CV'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 Interamericana de EntretenimientoB de CV's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Corporacion Interamericana de EntretenimientoB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Corporacion Interamericana de EntretenimientoB de CV's Days Payable falls into.

Corporacion Interamericana de EntretenimientoB de CV 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 Interamericana de EntretenimientoB de CV'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
=	( (16.227	+	29.908)	/	2 )	/	225.001	*	365
=	23.0675					/	225.001	*	365
=	37.42

Corporacion Interamericana de EntretenimientoB de CV'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
=	( (29.908	+	7.012)	/	2 )	/	20.657	*	365 / 4
=	18.46					/	20.657	*	365 / 4
=	81.54

Corporacion Interamericana de EntretenimientoB de CV Days Payable Related Terms

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Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corporacion Interamericana de Entretenimiento SAB de CV (OTCPK:CIEZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CIEB:Mexico

Address

Av. Industria Militar S/N, Residencial Militar, Mexico DF, MEX, 11600

Website

http://www.cie.com.mx

Corporacion Interamericana de Entretenimiento SAB de CV is a Mexico-based company engaged in the business of providing entertainment services in Latin America and worldwide. It offers a wide Range of entertainment options to a variety of audiences and budgets in large- and medium-sized cities. Its services include concerts, theatrical productions, sporting events, family events and cultural events, among others. In addition, it operates an amusement park in Colombia.

Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Headlines

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