Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) Days Payable: 75.61 (As of Dec. 2019)

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MEX:CMRB Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
23 GF Score
Price MXN1.40
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What is Corporacion Mexicana de RestaurantesB de CV Days Payable?

Corporacion Mexicana de RestaurantesB de CV MEX:CMRB -1.41% 23 Days Payable is 75.61 as of Dec. 2019. GuruFocus rates MEX:CMRB with a GF Score™ of 23/100. Among 352 Restaurants companies, Corporacion Mexicana de RestaurantesB de CV ranks worse than 284090.63% on this metric.

Corporacion Mexicana de RestaurantesB de CV's average Accounts Payable for the six months ended in Dec. 2019 was MXN276 Mil. Corporacion Mexicana de RestaurantesB de CV's Cost of Goods Sold for the six months ended in Dec. 2019 was MXN1,334 Mil. Hence, Corporacion Mexicana de RestaurantesB de CV's Days Payable for the six months ended in Dec. 2019 was 37.81.

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

MEX:CMRB's Days Payable is not ranked *
in the Restaurants industry.
Industry Median: 35.46
* Ranked among companies with meaningful Days Payable only.

Corporacion Mexicana de RestaurantesB de CV's Days Payable increased from Dec. 2017 (64.48) to Dec. 2019 (75.61). It may suggest that Corporacion Mexicana de RestaurantesB de CV delayed paying its suppliers.


Corporacion Mexicana de RestaurantesB de CV Days Payable Related Terms


Corporacion Mexicana de RestaurantesB de CV Days Payable Historical Data

* Premium members only.

The historical data trend for Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV Days Payable Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.66 60.41 64.48 66.44 75.61

Corporacion Mexicana de RestaurantesB de CV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 64.66 60.41 64.48 66.44 75.61

MEX:CMRB vs MCD, SBUX, YUM: Days Payable Comparison

For the Restaurants subindustry, Corporacion Mexicana de RestaurantesB 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 Mexicana de RestaurantesB de CV Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Corporacion Mexicana de RestaurantesB de CV's Days Payable distribution charts can be found below:

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


MEX:CMRB
23GF Score
Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion Mexicana de RestaurantesB 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 Mexicana de RestaurantesB de CV's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (229.831 + 322.669) / 2 ) / 1333.531*365
=276.25 / 1333.531*365
=75.61

Corporacion Mexicana de RestaurantesB de CV's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (229.831 + 322.669) / 2 ) / 1333.531*365 / 2
=276.25 / 1333.531*365 / 2
=37.81

* 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 75.61 mean?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a Days Payable of 75.61 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Corporacion Mexicana de RestaurantesB de CV and its competitors. According to the industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 352 companies in the Restaurants industry.
Is Corporacion Mexicana de RestaurantesB de CV's Days Payable too high?
Corporacion Mexicana de RestaurantesB de CV's current Days Payable is 75.61. The Restaurants industry median Days Payable is 35.46. Corporacion Mexicana de RestaurantesB de CV's value of 75.61 is 113.2% above this industry median. Based on the distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 352 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Corporacion Mexicana de RestaurantesB de CV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion Mexicana de RestaurantesB de CV's Days Payable compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 352 companies for Days Payable. This places Corporacion Mexicana de RestaurantesB de CV in the lower half of its industry. The industry median Days Payable is 35.46. Corporacion Mexicana de RestaurantesB de CV's value of 75.61 is 113.2% above 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 a Restaurants company?
The median Days Payable among Restaurants companies is 35.46, based on 352 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. Corporacion Mexicana de RestaurantesB de CV's current Days Payable of 75.61 is 113.2% above 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 Corporacion Mexicana de RestaurantesB de CV and its competitors. For the Restaurants industry, the median Days Payable is 35.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion Mexicana de RestaurantesB de CV's current Days Payable is 75.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Mexicana de RestaurantesB de CV stock overvalued right now?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a current Days Payable of 75.61. The current Days Payable is 75.61 and 113.2% above the Restaurants industry median of 35.46. Corporacion Mexicana de RestaurantesB de CV's overall GF Score™ is 23/100. 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 Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB), the current Days Payable is 75.61 as of Dec. 2019. 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.

Corporacion Mexicana de RestaurantesB de CV Business Description

Address Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.
23GF Score

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MXN1.40
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