Cementos Molins (XMAD:CMO) Days Payable : 187.15 (As of Jun. 2023)

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What is Cementos Molins Days Payable?

Cementos Molins's average Accounts Payable for the six months ended in Jun. 2023 was €194 Mil. Cementos Molins's Cost of Goods Sold for the six months ended in Jun. 2023 was €190 Mil. Hence, Cementos Molins's Days Payable for the six months ended in Jun. 2023 was 187.15.

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

XMAD:CMO' s Days Payable Range Over the Past 10 Years
Min: 157.27 Med: 180.75 Max: 221.27
Current: 184.01

During the past 13 years, Cementos Molins's highest Days Payable was 221.27. The lowest was 157.27. And the median was 180.75.

XMAD:CMO's Days Payable is not ranked
in the Building Materials industry.
Industry Median: 66.44 vs XMAD:CMO: 184.01

Cementos Molins's Days Payable increased from Jun. 2022 (181.97) to Jun. 2023 (187.15). It may suggest that Cementos Molins delayed paying its suppliers.

Cementos Molins Days Payable Historical Data

The historical data trend for Cementos Molins'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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Cementos Molins Days Payable Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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191.47

197.48

221.27

189.48

175.94

Cementos Molins Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															185.21	164.77	181.97	177.90	187.15

Competitive Comparison of Cementos Molins's Days Payable

For the Building Materials subindustry, Cementos Molins'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.

Cementos Molins's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Molins's Days Payable distribution charts can be found below:

* The bar in red indicates where Cementos Molins's Days Payable falls into.

Cementos Molins 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.

Cementos Molins's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (162.159	+	183.867)	/	2 )	/	358.93	*	365
=	173.013					/	358.93	*	365
=	175.94

Cementos Molins's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (183.867	+	205.007)	/	2 )	/	189.605	*	365 / 2
=	194.437					/	189.605	*	365 / 2
=	187.15

Cementos Molins Days Payable Related Terms

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Cementos Molins (XMAD:CMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.