Consorcio HogarB de CV (MEX:HOGAR B) Days Payable: 773.09 (As of Jun. 2016)

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What is Consorcio HogarB de CV Days Payable?

Consorcio HogarB de CV MEX:HOGAR B Days Payable is 773.09 as of Jun. 2016.

Consorcio HogarB de CV's average Accounts Payable for the three months ended in Jun. 2016 was MXN930.2 Mil. Consorcio HogarB de CV's Cost of Goods Sold for the three months ended in Jun. 2016 was MXN109.8 Mil. Hence, Consorcio HogarB de CV's Days Payable for the three months ended in Jun. 2016 was 773.09.

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

MEX:HOGAR B's Days Payable is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 36.18
* Ranked among companies with meaningful Days Payable only.

Consorcio HogarB de CV's Days Payable increased from Jun. 2015 (155.26) to Jun. 2016 (773.09). It may suggest that Consorcio HogarB de CV delayed paying its suppliers.

Consorcio HogarB de CV Days Payable Historical Data

* Premium members only.

The historical data trend for Consorcio HogarB 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.

Consorcio HogarB de CV Days Payable Chart

Consorcio HogarB de CV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.56 42.30 129.03 325.73 580.02

Consorcio HogarB de CV Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 155.26 120.29 186.52 598.59 773.09

MEX:HOGAR B vs NWHM, NOBH, HOV: Days Payable Comparison

For the Residential Construction subindustry, Consorcio HogarB 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.

Consorcio HogarB de CV Days Payable vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Consorcio HogarB de CV's Days Payable distribution charts can be found below:

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


Consorcio HogarB 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.

Consorcio HogarB de CV's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (684.899 + 719.59) / 2 ) / 441.913*365
=702.2445 / 441.913*365
=580.02

Consorcio HogarB de CV's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (852.432 + 1007.928) / 2 ) / 109.792*365 / 4
=930.18 / 109.792*365 / 4
=773.09

* 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 773.09 mean?
Consorcio HogarB de CV (MEX:HOGAR B) has a Days Payable of 773.09 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Consorcio HogarB de CV and its competitors.
Is Consorcio HogarB de CV's Days Payable too high?
Consorcio HogarB de CV's current Days Payable is 773.09. The Homebuilding & Construction industry median Days Payable is 36.18. Consorcio HogarB de CV's value of 773.09 is 2036.8% above this industry median.
How does Consorcio HogarB de CV's Days Payable compare to NWHM and NOBH?
Consorcio HogarB de CV's Days Payable of 773.09 can be compared against companies in the Homebuilding & Construction industry. The industry median Days Payable is 36.18. Consorcio HogarB de CV's value of 773.09 is 2036.8% 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 Homebuilding & Construction company?
The median Days Payable among Homebuilding & Construction companies is 36.18, based on 89 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. Consorcio HogarB de CV's current Days Payable of 773.09 is 2036.8% 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 Consorcio HogarB de CV and its competitors. For the Homebuilding & Construction industry, the median Days Payable is 36.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consorcio HogarB de CV's current Days Payable is 773.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consorcio HogarB de CV stock overvalued right now?
Consorcio HogarB de CV (MEX:HOGAR B) has a current Days Payable of 773.09. The current Days Payable is 773.09 and 2036.8% above the Homebuilding & Construction industry median of 36.18. 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 Consorcio HogarB de CV (MEX:HOGAR B), the current Days Payable is 773.09 as of Jun. 2016. 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.

Consorcio HogarB de CV Business Description

Address Avenida Vallarta 3155, Colonia Vallarta Poniente, Guadalajara, JAL, MEX
Consorcio Hogar SAB de CV is engaged in construction, development and promotion of homes in Mexico mainly for medium- and low- income families.