Corpovael de CV (MEX:CADUA) Days Payable : 97.97 (As of Sep. 2024)

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What is Corpovael de CV Days Payable?

Corpovael de CV's average Accounts Payable for the three months ended in Sep. 2024 was MXN951 Mil. Corpovael de CV's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN885 Mil. Hence, Corpovael de CV's Days Payable for the three months ended in Sep. 2024 was 97.97.

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

MEX:CADUA' s Days Payable Range Over the Past 10 Years
Min: 10.58 Med: 22.51 Max: 92.1
Current: 92.1

During the past 13 years, Corpovael de CV's highest Days Payable was 92.10. The lowest was 10.58. And the median was 22.51.

MEX:CADUA's Days Payable is ranked worse than
51.41% of 1564 companies
in the Real Estate industry
Industry Median: 96.89 vs MEX:CADUA: 92.10

Corpovael de CV's Days Payable declined from Sep. 2023 (151.93) to Sep. 2024 (97.97). It may suggest that Corpovael de CV accelerated paying its suppliers.

Corpovael de CV Days Payable Historical Data

The historical data trend for Corpovael 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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Corpovael de CV Days Payable Chart

Corpovael de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.36

44.71

60.02

56.66

57.08

Corpovael 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															151.93	55.12	91.81	96.67	97.97

Competitive Comparison of Corpovael de CV's Days Payable

For the Real Estate - Development subindustry, Corpovael 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.

Corpovael de CV's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corpovael de CV's Days Payable distribution charts can be found below:

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

Corpovael 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.

Corpovael 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
=	( (530.418	+	497.357)	/	2 )	/	3286.082	*	365
=	513.8875					/	3286.082	*	365
=	57.08

Corpovael 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
=	( (931.518	+	969.538)	/	2 )	/	885.361	*	365 / 4
=	950.528					/	885.361	*	365 / 4
=	97.97

Corpovael de CV Days Payable Related Terms

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Corpovael de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corpovael SA de CV (MEX:CADUA) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Avenue Bonampak 237, 1st Floor, Mza 1, Lot 1, SMza 6A, Corporativo Malecon Americas, Cancun, QROO, MEX, 77503

Website

https://www.caduinmobiliaria.com

Corpovael SA de CV is engaged in developing, building and commercializing accessible housing for the middle and lower level of the Mexicans. The company seeks new investment alternatives in other States of the Republic in order to provide a home for more Mexicans.

Corpovael de CV Headlines

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