Empresas Hites (XSGO:HITES) Days Payable : 67.78 (As of Mar. 2024)

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What is Empresas Hites Days Payable?

Empresas Hites's average Accounts Payable for the three months ended in Mar. 2024 was CLP40,894 Mil. Empresas Hites's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP55,053 Mil. Hence, Empresas Hites's Days Payable for the three months ended in Mar. 2024 was 67.78.

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

XSGO:HITES' s Days Payable Range Over the Past 10 Years
Min: 51.86 Med: 75.71 Max: 90.24
Current: 60.47

During the past 13 years, Empresas Hites's highest Days Payable was 90.24. The lowest was 51.86. And the median was 75.71.

XSGO:HITES's Days Payable is ranked better than
54.4% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 52.6 vs XSGO:HITES: 60.47

Empresas Hites's Days Payable declined from Mar. 2023 (69.98) to Mar. 2024 (67.78). It may suggest that Empresas Hites accelerated paying its suppliers.

Empresas Hites Days Payable Historical Data

The historical data trend for Empresas Hites'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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Empresas Hites Days Payable Chart

Empresas Hites Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.72

62.52

51.86

60.19

66.66

Empresas Hites Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															69.98	64.33	55.08	55.75	67.78

Competitive Comparison of Empresas Hites's Days Payable

For the Department Stores subindustry, Empresas Hites'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.

Empresas Hites's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Empresas Hites's Days Payable distribution charts can be found below:

* The bar in red indicates where Empresas Hites's Days Payable falls into.

Empresas Hites 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.

Empresas Hites's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (42598.244	+	42294.672)	/	2 )	/	232423.396	*	365
=	42446.458					/	232423.396	*	365
=	66.66

Empresas Hites's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (42294.672	+	39494.203)	/	2 )	/	55052.865	*	365 / 4
=	40894.4375					/	55052.865	*	365 / 4
=	67.78

Empresas Hites Days Payable Related Terms

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Empresas Hites Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Empresas Hites SA (XSGO:HITES) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Moneda 970, Piso 4, Santiago, CHL

Website

http://www.hites.cl

Empresas Hites SA is a Chile based firm. It owns and manages a network of stores and department stores that offers products such as women, men and children apparel, toys, computers & electronics, technology, furniture, home related products and among others. It also offers sales financing and portfolio management services.

Empresas Hites Headlines

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