Cibanco S A Institucion De Banca Multiple (MEX:FIHO12) Days Payable : 96.19 (As of Mar. 2024)

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What is Cibanco S A Institucion De Banca Multiple Days Payable?

Cibanco S A Institucion De Banca Multiple's average Accounts Payable for the three months ended in Mar. 2024 was MXN462 Mil. Cibanco S A Institucion De Banca Multiple's Cost of Goods Sold for the three months ended in Mar. 2024 was MXN438 Mil. Hence, Cibanco S A Institucion De Banca Multiple's Days Payable for the three months ended in Mar. 2024 was 96.19.

The historical rank and industry rank for Cibanco S A Institucion De Banca Multiple's Days Payable or its related term are showing as below:

MEX:FIHO12' s Days Payable Range Over the Past 10 Years
Min: 37.37 Med: 48.28 Max: 153.08
Current: 128.46

During the past 10 years, Cibanco S A Institucion De Banca Multiple's highest Days Payable was 153.08. The lowest was 37.37. And the median was 48.28.

MEX:FIHO12's Days Payable is ranked better than
51.51% of 530 companies
in the REITs industry
Industry Median: 122.91 vs MEX:FIHO12: 128.46

Cibanco S A Institucion De Banca Multiple's Days Payable increased from Dec. 2022 (19.38) to Mar. 2024 (96.19). It may suggest that Cibanco S A Institucion De Banca Multiple delayed paying its suppliers.

Cibanco S A Institucion De Banca Multiple Days Payable Historical Data

The historical data trend for Cibanco S A Institucion De Banca Multiple'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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Cibanco S A Institucion De Banca Multiple Days Payable Chart

Cibanco S A Institucion De Banca Multiple Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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43.00

37.37

50.34

44.87

46.22

Cibanco S A Institucion De Banca Multiple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															19.38	98.65	88.96	98.55	96.19

Competitive Comparison of Cibanco S A Institucion De Banca Multiple's Days Payable

For the REIT - Hotel & Motel subindustry, Cibanco S A Institucion De Banca Multiple'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.

Cibanco S A Institucion De Banca Multiple's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cibanco S A Institucion De Banca Multiple's Days Payable distribution charts can be found below:

* The bar in red indicates where Cibanco S A Institucion De Banca Multiple's Days Payable falls into.

Cibanco S A Institucion De Banca Multiple 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.

Cibanco S A Institucion De Banca Multiple's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (342.488	+	434.995)	/	2 )	/	3069.788	*	365
=	388.7415					/	3069.788	*	365
=	46.22

Cibanco S A Institucion De Banca Multiple'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (438.87	+	484.696)	/	2 )	/	438.053	*	365 / 4
=	461.783					/	438.053	*	365 / 4
=	96.19

Cibanco S A Institucion De Banca Multiple Days Payable Related Terms

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Cibanco S A Institucion De Banca Multiple (MEX:FIHO12) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cibanco S A Institucion De Banca Multiple (MEX:FIHO12) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avendia Santa Fe No. 481, 7th Floor, Torre Corporativo World Plaza, Colonia Cruz Manca, Alcaldia Cuajimalpa, Mexico, MEX, MEX, 05349

Website

https://www.fibrahotel.com

Cibanco S A Institucion De Banca Multiple formerly FibraHotel operates as a real estate investment trust in the Mexican hospitality industry. It manages a portfolio of business class hotels under the brands like Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real, and Real Inn. Its hotels are categorized in terms of their services into Limited Service, hotels without restaurants; Select Service, hotels with additional services, such as bars, room service, and conference room; Full Service, hotels with consumption centers and meeting rooms and Hotels with studio apartments, work areas and full kitchen. FibraHotel's business mainly depends on its room revenues. It also derives nominal income from foodservice and leases.

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