MOLC (Molino CanuelasCIFIA) Days Payable: 90.12 (As of Aug. 2017)


What is Molino CanuelasCIFIA Days Payable?

Molino CanuelasCIFIA MOLC Days Payable is 90.12 as of Aug. 2017.

Molino CanuelasCIFIA's average Accounts Payable for the three months ended in Aug. 2017 was $400.10 Mil. Molino CanuelasCIFIA's Cost of Goods Sold for the three months ended in Aug. 2017 was $405.14 Mil. Hence, Molino CanuelasCIFIA's Days Payable for the three months ended in Aug. 2017 was 90.12.

The historical rank and industry rank for Molino CanuelasCIFIA's Days Payable or its related term are showing as below:

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

Molino CanuelasCIFIA's Days Payable increased from May. 2016 (69.99) to Aug. 2017 (90.12). It may suggest that Molino CanuelasCIFIA delayed paying its suppliers.

Molino CanuelasCIFIA Days Payable Historical Data

* Premium members only.

The historical data trend for Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Days Payable Chart

Molino CanuelasCIFIA Annual Data
Trend Nov13 Nov14 Nov15 Nov16
Days Payable
0.00 52.52 60.88 66.15

Molino CanuelasCIFIA Quarterly Data
Nov14 Nov15 May16 Aug16 Nov16 May17 Aug17
Days Payable Get a 7-Day Free Trial 69.99 0.00 48.68 91.49 90.12

MOLC vs : Days Payable Comparison

For the subindustry, Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Days Payable vs Industry

For the industry and sector, Molino CanuelasCIFIA's Days Payable distribution charts can be found below:

* The bar in red indicates where Molino CanuelasCIFIA's Days Payable falls into.


Molino CanuelasCIFIA 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.

Molino CanuelasCIFIA's Days Payable for the fiscal year that ended in Nov. 2016 is calculated as

Days Payable (A: Nov. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2015 ) + Accounts Payable (A: Nov. 2016 )) / count ) / Cost of Goods Sold (A: Nov. 2016 )*Days in Period
=( (303.272 + 299.896) / 2 ) / 1664.077*365
=301.584 / 1664.077*365
=66.15

Molino CanuelasCIFIA's Days Payable for the quarter that ended in Aug. 2017 is calculated as:

Days Payable (Q: Aug. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2017 ) + Accounts Payable (Q: Aug. 2017 )) / count ) / Cost of Goods Sold (Q: Aug. 2017 )*Days in Period
=( (426.191 + 374.004) / 2 ) / 405.135*365 / 4
=400.0975 / 405.135*365 / 4
=90.12

* 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 90.12 mean?
Molino CanuelasCIFIA (MOLC) has a Days Payable of 90.12 as of Aug. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Molino CanuelasCIFIA and its competitors.
Is Molino CanuelasCIFIA's Days Payable too high?
Molino CanuelasCIFIA's current Days Payable is 90.12.
How does Molino CanuelasCIFIA's Days Payable compare to ?
Molino CanuelasCIFIA's Days Payable is 90.12. 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 company?
A good Days Payable depends on the industry context. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Molino CanuelasCIFIA and its competitors. Molino CanuelasCIFIA's current Days Payable is 90.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molino CanuelasCIFIA stock overvalued right now?
Molino CanuelasCIFIA (MOLC) has a current Days Payable of 90.12. The current Days Payable is 90.12. 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 Molino CanuelasCIFIA (MOLC), the current Days Payable is 90.12 as of Aug. 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.

Molino CanuelasCIFIA Business Description

Industry
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