Grupo Palacio de HierroB de CV (MEX:GPH1) Days Payable : 57.85 (As of Dec. 2024)

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What is Grupo Palacio de HierroB de CV Days Payable?

Grupo Palacio de HierroB de CV's average Accounts Payable for the three months ended in Dec. 2024 was MXN8,397 Mil. Grupo Palacio de HierroB de CV's Cost of Goods Sold for the three months ended in Dec. 2024 was MXN13,244 Mil. Hence, Grupo Palacio de HierroB de CV's Days Payable for the three months ended in Dec. 2024 was 57.85.

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

MEX:GPH1' s Days Payable Range Over the Past 10 Years
Min: 77.69 Med: 102.43 Max: 133.1
Current: 77.69

During the past 13 years, Grupo Palacio de HierroB de CV's highest Days Payable was 133.10. The lowest was 77.69. And the median was 102.43.

MEX:GPH1's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 54.98 vs MEX:GPH1: 77.69

Grupo Palacio de HierroB de CV's Days Payable declined from Dec. 2023 (59.56) to Dec. 2024 (57.85). It may suggest that Grupo Palacio de HierroB de CV accelerated paying its suppliers.

Grupo Palacio de HierroB de CV Days Payable Historical Data

The historical data trend for Grupo Palacio de HierroB 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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Grupo Palacio de HierroB de CV Days Payable Chart

Grupo Palacio de HierroB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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133.10

101.51

95.56

99.90

96.25

Grupo Palacio de HierroB 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															59.56	99.10	69.28	78.14	57.85

Competitive Comparison of Grupo Palacio de HierroB de CV's Days Payable

For the Department Stores subindustry, Grupo Palacio de HierroB 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 Palacio de HierroB de CV's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Palacio de HierroB de CV's Days Payable distribution charts can be found below:

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

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Grupo Palacio de HierroB 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 Palacio de HierroB 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
=	( (9689.657	+	9631.297)	/	2 )	/	36632.956	*	365
=	9660.477					/	36632.956	*	365
=	96.25

Grupo Palacio de HierroB 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
=	( (7162.077	+	9631.297)	/	2 )	/	13244.309	*	365 / 4
=	8396.687					/	13244.309	*	365 / 4
=	57.85

Grupo Palacio de HierroB de CV Days Payable Related Terms

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Grupo Palacio de HierroB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Palacio de Hierro SAB de CV (MEX:GPH1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Durango 230, 2do. Piso, Col. Roma,Del Cuauhtemoc, Durango, MEX, 06700

Website

http://www.elpalaciodehierro.com.mx

Grupo Palacio de Hierro SAB de CV is a Mexico-based holding company primarily engaged in the retail sector. The company's main revenue generating activities are the operation of a network of department stores, outlets, home furnishing and accessories stores, Boutiques Palacio, boutiques, independent restaurants, bistros, restaurant-stores, travel agencies and beauty clinics as well as restaurants and travel agencies integrated into some of the stores. The company is also involved in the real estate, through the management and operation of shopping centers located in Coyoacan, Polanco, Puebla, and Monterrey. In addition, it offers sales financing services and consumer credits to its clients.

Grupo Palacio de HierroB de CV Headlines

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