IngealB de CV (MEX:INGEALB) Days Payable: 6,700.56 (As of Dec. 2017)


What is IngealB de CV Days Payable?

IngealB de CV MEX:INGEALB Days Payable is 6,700.56 as of Dec. 2017.

IngealB de CV's average Accounts Payable for the six months ended in Dec. 2017 was MXN21.09 Mil. IngealB de CV's Cost of Goods Sold for the six months ended in Dec. 2017 was MXN1.15 Mil. Hence, IngealB de CV's Days Payable for the six months ended in Dec. 2017 was 3,350.28.

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

MEX:INGEALB's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

IngealB de CV's Days Payable increased from Dec. 2015 (4,025.58) to Dec. 2017 (6,700.56). It may suggest that IngealB de CV delayed paying its suppliers.

IngealB de CV Days Payable Historical Data

* Premium members only.

The historical data trend for IngealB 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.

IngealB de CV Days Payable Chart

IngealB de CV Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only 130.26 132.60 4,025.58 8,713.13 6,700.56

IngealB de CV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17
Days Payable Get a 7-Day Free Trial Premium Member Only 130.26 132.60 4,025.58 8,713.13 6,700.56

IngealB de CV Days Payable Competitor Comparison

For the Packaged Foods subindustry, IngealB 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.

IngealB de CV Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IngealB de CV's Days Payable distribution charts can be found below:

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


IngealB 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.

IngealB de CV's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (22.867 + 19.319) / 2 ) / 1.149*365
=21.093 / 1.149*365
=6,700.56

IngealB de CV's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (22.867 + 19.319) / 2 ) / 1.149*365 / 2
=21.093 / 1.149*365 / 2
=3,350.28

* 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 6,700.56 mean?
IngealB de CV (MEX:INGEALB) has a Days Payable of 6,700.56 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IngealB de CV and its competitors.
Is IngealB de CV's Days Payable too high?
IngealB de CV's current Days Payable is 6,700.56. The Consumer Packaged Goods industry median Days Payable is 44.14. IngealB de CV's value of 6,700.56 is 15080.2% above this industry median.
How does IngealB de CV's Days Payable compare to competitors?
IngealB de CV's Days Payable of 6,700.56 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. IngealB de CV's value of 6,700.56 is 15080.2% 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. IngealB de CV's current Days Payable of 6,700.56 is 15080.2% 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 IngealB de CV and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IngealB de CV's current Days Payable is 6,700.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IngealB de CV stock overvalued right now?
IngealB de CV (MEX:INGEALB) has a current Days Payable of 6,700.56. The current Days Payable is 6,700.56 and 15080.2% above the Consumer Packaged Goods industry median of 44.14. 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 IngealB de CV (MEX:INGEALB), the current Days Payable is 6,700.56 as of Dec. 2017. 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.

IngealB de CV Business Description

Address LAKE TANGANYICA 71-202, GRANADA, Mexico, DF, MEX, 09820
Ingeal SAB de CV is a holding company, engaged in the food industry, which specializes in the production and sale of packaged foods, biscuits, pasta and chocolates.