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Grupo BimboB de CV (MEX:BIMBOA) Days Payable : 68.48 (As of Sep. 2024)


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What is Grupo BimboB de CV Days Payable?

Grupo BimboB de CV's average Accounts Payable for the three months ended in Sep. 2024 was MXN37,340 Mil. Grupo BimboB de CV's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN49,756 Mil. Hence, Grupo BimboB de CV's Days Payable for the three months ended in Sep. 2024 was 68.48.

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

MEX:BIMBOA' s Days Payable Range Over the Past 10 Years
Min: 46.69   Med: 59.14   Max: 81.8
Current: 72.07

During the past 13 years, Grupo BimboB de CV's highest Days Payable was 81.80. The lowest was 46.69. And the median was 59.14.

MEX:BIMBOA's Days Payable is ranked better than
71.32% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs MEX:BIMBOA: 72.07

Grupo BimboB de CV's Days Payable declined from Sep. 2023 (71.00) to Sep. 2024 (68.48). It may suggest that Grupo BimboB de CV accelerated paying its suppliers.


Grupo BimboB de CV Days Payable Historical Data

The historical data trend for Grupo BimboB 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.

* Premium members only.

Grupo BimboB de CV Days Payable Chart

Grupo BimboB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.95 64.34 75.56 77.95 81.80

Grupo BimboB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 71.00 74.55 76.69 67.77 68.48

Competitive Comparison of Grupo BimboB de CV's Days Payable

For the Packaged Foods subindustry, Grupo BimboB 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.


Grupo BimboB de CV's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo BimboB de CV's Days Payable distribution charts can be found below:

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



Grupo BimboB 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.

Grupo BimboB 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
=( (45298 + 41821) / 2 ) / 194369*365
=43559.5 / 194369*365
=81.80

Grupo BimboB de CV's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (36109.552 + 38571) / 2 ) / 49756*365 / 4
=37340.276 / 49756*365 / 4
=68.48

* 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.


Grupo BimboB de CV Days Payable Related Terms

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Grupo BimboB de CV Business Description

Traded in Other Exchanges
Address
Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Delegacion Alvaro Obregon, Mexico, MEX, MEX, 01210
Grupo Bimbo SAB de CV is an international baking-products manufacturer. The company operates in over 22 countries throughout the Americas, Europe, and Asia. The firm's key product categories are packed bread, sweet baked goods, salty snacks, cookies, solutions (tortillas, pitas, wraps), prepacked foods, confectionery, and others. The key brands are Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. Grupo Bimbo has a large direct distribution network that allows the company to distribute products from its plants (based in Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina) to sales centers and warehouses.

Grupo BimboB de CV Headlines

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