Quinenco (XSGO:QUINENCO) Days Payable : 50.10 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Quinenco Days Payable?

Quinenco's average Accounts Payable for the three months ended in Sep. 2024 was CLP652,088 Mil. Quinenco's Cost of Goods Sold for the three months ended in Sep. 2024 was CLP1,187,683 Mil. Hence, Quinenco's Days Payable for the three months ended in Sep. 2024 was 50.10.

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

XSGO:QUINENCO' s Days Payable Range Over the Past 10 Years
Min: 34.85 Med: 46.39 Max: 69.61
Current: 40.69

During the past 13 years, Quinenco's highest Days Payable was 69.61. The lowest was 34.85. And the median was 46.39.

XSGO:QUINENCO's Days Payable is ranked worse than
65.53% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs XSGO:QUINENCO: 40.69

Quinenco's Days Payable increased from Sep. 2023 (26.70) to Sep. 2024 (50.10). It may suggest that Quinenco delayed paying its suppliers.

Quinenco Days Payable Historical Data

The historical data trend for Quinenco'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.

Quinenco Days Payable Chart

Quinenco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.41

56.76

69.61

55.25

54.50

Quinenco Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															26.70	34.86	42.82	39.89	50.10

Competitive Comparison of Quinenco's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Quinenco'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.

Quinenco's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Quinenco's Days Payable distribution charts can be found below:

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

Quinenco 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.

Quinenco'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
=	( (736703.052	+	705413.616)	/	2 )	/	4829410.102	*	365
=	721058.334					/	4829410.102	*	365
=	54.50

Quinenco's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (661449.446	+	642725.667)	/	2 )	/	1187682.899	*	365 / 4
=	652087.5565					/	1187682.899	*	365 / 4
=	50.10

Quinenco Days Payable Related Terms

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

Quinenco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quinenco SA (XSGO:QUINENCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Enrique Foster South 20, Piso 14 Las Condes, Santiago, CHL

Website

https://www.quinenco.cl

Quinenco SA is a Chilean business conglomerate. The group operates in five business segment in financial services, transport, energy, port services and Other segments. The majority of its revenue generated from energy segment which includes in the indirect subsidiary Enex, whose main activity is the distribution and marketing of products and services in the areas of Fuels and Lubricants for automotive, industry, aviation and maritime sectors, asphalts (bitumen), chemicals and convenience stores. The company markets its products in Chile, mainly through the Shell brand, as well as in the United States and Paraguay.

Quinenco Headlines

No Headlines