Industrias Ales (QUI:IND) Days Payable : 112.72 (As of Jun. 2022)

View and export this data going back to 1990. Start your Free Trial

What is Industrias Ales Days Payable?

Industrias Ales's average Accounts Payable for the six months ended in Jun. 2022 was $46.67 Mil. Industrias Ales's Cost of Goods Sold for the six months ended in Jun. 2022 was $75.57 Mil. Hence, Industrias Ales's Days Payable for the six months ended in Jun. 2022 was 112.72.

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

QUI:IND's Days Payable is not ranked ^*
in the Conglomerates industry.
Industry Median: 59.54
* Ranked among companies with meaningful Days Payable only.

Industrias Ales's Days Payable declined from Dec. 2020 (134.19) to Jun. 2022 (112.72). It may suggest that Industrias Ales accelerated paying its suppliers.

Industrias Ales Days Payable Historical Data

The historical data trend for Industrias Ales'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.

* Premium members only.

Industrias Ales Days Payable Chart

Industrias Ales Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Days Payable

130.29

122.31

130.16

126.57

Industrias Ales Semi-Annual Data
	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22
Days Payable	Get a 7-Day Free Trial								127.98	149.01	134.19	136.88	112.72

Competitive Comparison of Industrias Ales's Days Payable

For the Conglomerates subindustry, Industrias Ales'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.

Industrias Ales's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrias Ales's Days Payable distribution charts can be found below:

* The bar in red indicates where Industrias Ales's Days Payable falls into.

Industrias Ales 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.

Industrias Ales's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (43.905	+	36.826)	/	2 )	/	116.406	*	365
=	40.3655					/	116.406	*	365
=	126.57

Industrias Ales's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (49.903	+	43.442)	/	2 )	/	75.567	*	365 / 2
=	46.6725					/	75.567	*	365 / 2
=	112.72

Industrias Ales Days Payable Related Terms

Thank you for viewing the detailed overview of Industrias Ales's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Industrias Ales (QUI:IND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Galo Plaza N51-23, Quito, ECU

Website

https://www.ales.com.ec

Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

No Headlines