Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Days Payable : 127.46 (As of Sep. 2020)

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What is Corporacion Mexicana de RestaurantesB de CV Days Payable?

Corporacion Mexicana de RestaurantesB de CV's average Accounts Payable for the three months ended in Sep. 2020 was $15.17 Mil. Corporacion Mexicana de RestaurantesB de CV's Cost of Goods Sold for the three months ended in Sep. 2020 was $10.86 Mil. Hence, Corporacion Mexicana de RestaurantesB de CV's Days Payable for the three months ended in Sep. 2020 was 127.46.

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

MXRTF' s Days Payable Range Over the Past 10 Years
Min: 48.91 Med: 63.8 Max: 75.61
Current: 94.96

During the past 13 years, Corporacion Mexicana de RestaurantesB de CV's highest Days Payable was 75.61. The lowest was 48.91. And the median was 63.80.

MXRTF's Days Payable is not ranked
in the Restaurants industry.
Industry Median: 38.19 vs MXRTF: 94.96

Corporacion Mexicana de RestaurantesB de CV's Days Payable increased from Sep. 2019 (62.97) to Sep. 2020 (127.46). It may suggest that Corporacion Mexicana de RestaurantesB de CV delayed paying its suppliers.

Corporacion Mexicana de RestaurantesB de CV Days Payable Historical Data

The historical data trend for Corporacion Mexicana de RestaurantesB 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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Corporacion Mexicana de RestaurantesB de CV Days Payable Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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70.02

66.55

63.09

66.43

74.37

Corporacion Mexicana de RestaurantesB de CV Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial															62.97	65.14	85.86	154.39	127.46

Competitive Comparison of Corporacion Mexicana de RestaurantesB de CV's Days Payable

For the Restaurants subindustry, Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Corporacion Mexicana de RestaurantesB de CV's Days Payable distribution charts can be found below:

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

Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (11.705	+	17.109)	/	2 )	/	70.707	*	365
=	14.407					/	70.707	*	365
=	74.37

Corporacion Mexicana de RestaurantesB de CV's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (14.603	+	15.744)	/	2 )	/	10.863	*	365 / 4
=	15.1735					/	10.863	*	365 / 4
=	127.46

Corporacion Mexicana de RestaurantesB de CV Days Payable Related Terms

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Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Corporacion Mexicana de Restaurantes SAB de CV (GREY:MXRTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320

Website

http://www.cmr.mx

Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.

Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Headlines

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