Fomento Days Payables Outstanding from 2010 to 2024

FMX Stock  USD 86.64  0.27  0.31%   
Fomento Economico Days Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Payables Outstanding will likely drop to 52.14 in 2024. During the period from 2010 to 2024, Fomento Economico Days Payables Outstanding regression line of annual values had r-squared of  0.01 and arithmetic mean of  79.62. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
71.01105899
Current Value
52.14
Quarterly Volatility
29.98733264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0122 or PTB Ratio of 4.71. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Fomento Economico Mexicano over the last few years. It is Fomento Economico's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fomento Economico's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Very volatile
   Days Payables Outstanding   
       Timeline  

Fomento Days Payables Outstanding Regression Statistics

Arithmetic Mean79.62
Geometric Mean72.48
Coefficient Of Variation37.66
Mean Deviation18.75
Median82.48
Standard Deviation29.99
Sample Variance899.24
Range145
R-Value0.09
Mean Square Error960.26
R-Squared0.01
Significance0.74
Slope0.62
Total Sum of Squares12,589

Fomento Days Payables Outstanding History

2024 52.14
2023 71.01
2022 68.22
2021 99.47
2020 90.46
2019 88.78
2018 81.41

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 71.01  52.14 

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Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.