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Maritima de Inversiones (XSGO:MARINSA) Days Payable : 9.73 (As of Mar. 2024)


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What is Maritima de Inversiones Days Payable?

Maritima de Inversiones's average Accounts Payable for the three months ended in Mar. 2024 was CLP35 Mil. Maritima de Inversiones's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP325 Mil. Hence, Maritima de Inversiones's Days Payable for the three months ended in Mar. 2024 was 9.73.

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

XSGO:MARINSA' s Days Payable Range Over the Past 10 Years
Min: 141.96   Med: 281.7   Max: 1041.27
Current: 224.16

During the past 13 years, Maritima de Inversiones's highest Days Payable was 1041.27. The lowest was 141.96. And the median was 281.70.

XSGO:MARINSA's Days Payable is ranked better than
95.08% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs XSGO:MARINSA: 224.16

Maritima de Inversiones's Days Payable declined from Mar. 2023 (197.02) to Mar. 2024 (9.73). It may suggest that Maritima de Inversiones accelerated paying its suppliers.


Maritima de Inversiones Days Payable Historical Data

The historical data trend for Maritima de Inversiones'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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Maritima de Inversiones Days Payable Chart

Maritima de Inversiones Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.78 141.96 148.70 324.47 238.92

Maritima de Inversiones 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 197.02 - 27.78 20.77 9.73

Competitive Comparison of Maritima de Inversiones's Days Payable

For the Integrated Freight & Logistics subindustry, Maritima de Inversiones'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.


Maritima de Inversiones's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maritima de Inversiones's Days Payable distribution charts can be found below:

* The bar in red indicates where Maritima de Inversiones's Days Payable falls into.



Maritima de Inversiones 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.

Maritima de Inversiones'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
=( (728.829 + 7.017) / 2 ) / 562.089*365
=367.923 / 562.089*365
=238.92

Maritima de Inversiones'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
=( (7.017 + 62.379) / 2 ) / 325.264*365 / 4
=34.698 / 325.264*365 / 4
=9.73

* 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.


Maritima de Inversiones Days Payable Related Terms

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Maritima de Inversiones (XSGO:MARINSA) Business Description

Traded in Other Exchanges
N/A
Address
Hendaya 60, Piso 12, Santiago, CHL
Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.

Maritima de Inversiones (XSGO:MARINSA) Headlines

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