IPOAF (Industrias PenolesB de CV) Days Payable : 24.40 (As of Dec. 2024)

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What is Industrias PenolesB de CV Days Payable?

Industrias PenolesB de CV's average Accounts Payable for the three months ended in Dec. 2024 was $329 Mil. Industrias PenolesB de CV's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,231 Mil. Hence, Industrias PenolesB de CV's Days Payable for the three months ended in Dec. 2024 was 24.40.

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

IPOAF' s Days Payable Range Over the Past 10 Years
Min: 21.87 Med: 27.97 Max: 34.21
Current: 23.84

During the past 13 years, Industrias PenolesB de CV's highest Days Payable was 34.21. The lowest was 21.87. And the median was 27.97.

IPOAF's Days Payable is ranked worse than
88.9% of 1027 companies
in the Metals & Mining industry
Industry Median: 132 vs IPOAF: 23.84

Industrias PenolesB de CV's Days Payable increased from Dec. 2023 (21.18) to Dec. 2024 (24.40). It may suggest that Industrias PenolesB de CV delayed paying its suppliers.

Industrias PenolesB de CV Days Payable Historical Data

The historical data trend for Industrias PenolesB 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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Industrias PenolesB de CV Days Payable Chart

Industrias PenolesB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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29.93

26.28

31.29

25.28

23.62

Industrias PenolesB de CV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															21.18	23.78	24.30	24.98	24.40

Competitive Comparison of Industrias PenolesB de CV's Days Payable

For the Other Industrial Metals & Mining subindustry, Industrias PenolesB 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.

Industrias PenolesB de CV's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Industrias PenolesB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Industrias PenolesB de CV's Days Payable falls into.

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Industrias PenolesB 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.

Industrias PenolesB de CV'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
=	( (310.672	+	322.699)	/	2 )	/	4893.615	*	365
=	316.6855					/	4893.615	*	365
=	23.62

Industrias PenolesB de CV'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: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (335.809	+	322.699)	/	2 )	/	1231.281	*	365 / 4
=	329.254					/	1231.281	*	365 / 4
=	24.40

Industrias PenolesB de CV Days Payable Related Terms

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Industrias PenolesB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Industrias Penoles SAB de CV (OTCPK:IPOAF) » Definitions » Days Payable

Traded in Other Exchanges

PE&OLES:Mexico 4FO:Germany

Address

BAL Corporate, Calzada Legaria No. 549, Torre 2 Colonia 10 de abril Delegacion Miguel Hida, Mexico City, DF, MEX, 11250

Website

https://www.penoles.com.mx

Industrias Penoles SAB de CV engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It explores zinc, copper, gold, silver, bismuth deposits, and Others.

Industrias PenolesB de CV Headlines

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