Betterware de México, S.A.P.I. de C.V. (BWMX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 4.17B | 3.96B | 80.93B | 4.64B | 4.81B | 4.63B | 4.72B | 3.99B | 3.92B | 3.99B | 4.37B | 4.42B | 4.21B | 4.36B | 4.84B | 5.02B | 3.3B | 3.35B | 3.77B | 3.24B |
| Cash & Short-Term Investments | 308.98M | 312.42M | 6.14B | 391.78M | 344.07M | 296.56M | 316.38M | 423.25M | 425.18M | 549.73M | 496.07M | 728.87M | 579.79M | 815.64M | 471.58M | 575.73M | 711.63M | 1.18B | 1.27B | 520.08M |
| Cash Only | 308.98M | 312.42M | 6.14B | 391.78M | 344.07M | 296.56M | 316.38M | 423.25M | 425.18M | 549.73M | 496.07M | 728.87M | 579.79M | 815.64M | 471.58M | 575.73M | 711.63M | 1.18B | 1.27B | 520.08M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.42B | 1.36B | 26.3B | 1.51B | 1.61B | 1.23B | 1.27B | 1.22B | 1.33B | 1.1B | 1.39B | 1.38B | 1.47B | 1.18B | 1.25B | 1.23B | 756.11M | 745.62M | 974.93M | 961.79M |
| Days Sales Outstanding | 35.74 | 331.77 | 378.76 | 39.79 | 36.49 | 30.46 | 34.41 | 34.19 | 30.67 | 33.67 | 40.77 | 40.32 | 36.52 | 34.5 | 35.93 | 27.79 | 36.15 | 36.27 | 37.73 | 35.19 |
| Inventory | 2.05B | 2.05B | 42.37B | 2.36B | 2.53B | 2.51B | 2.5B | 2.06B | 1.87B | 2.03B | 2.18B | 2.02B | 1.83B | 2.12B | 2.42B | 2.54B | 1.67B | 1.29B | 1.21B | 1.47B |
| Days Inventory Outstanding | 155.98 | 1.51K | 1.93K | 190.17 | 191.44 | 138.1 | 219.04 | 190.24 | 186.57 | 189.45 | 207.59 | 203.72 | 200.42 | 233.21 | 231.88 | 194.25 | 195.56 | 113.46 | 119.14 | 109.4 |
| Other Current Assets | 152.7M | 115.14M | 2.91B | 187.1M | 163.38M | 507.8M | 527.34M | 143.8M | 164.26M | 230.69M | 177.76M | 163.13M | 192.97M | 188.27M | 552.15M | 502.48M | 56.08M | 110.18M | 109.73M | 37.29M |
| Total Non-Current Assets | 5.53B | 5.66B | 105.09B | 5.74B | 5.84B | 5.83B | 6.14B | 7.03B | 6.95B | 7.1B | 6.93B | 6.92B | 6.78B | 6.98B | 6.15B | 6.16B | 1.85B | 1.83B | 1.83B | 1.78B |
| Property, Plant & Equipment | 1.98B | 2.06B | 36.92B | 2.02B | 2.05B | 2.12B | 2.42B | 3.24B | 3.23B | 3.27B | 3.22B | 3.26B | 3.22B | 3.27B | 1.95B | 2B | 1.11B | 1.09B | 1.07B | 1.04B |
| Fixed Asset Turnover | 1.74x | 0.20x | 0.17x | 1.75x | 1.68x | 1.67x | 1.18x | 1.05x | 1.11x | 1.05x | 0.96x | 0.99x | 1.01x | 1.24x | 1.60x | 2.08x | 1.70x | 2.02x | 2.24x | 2.55x |
| Goodwill | 1.59B | 1.6B | 29.46B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.55B | 1.6B | 3.16B | 3.08B | 353.7M | 371.07M | 371.07M | 365.81M |
| Intangible Assets | 1.48B | 1.51B | 27.88B | 1.53B | 1.55B | 1.57B | 1.59B | 1.61B | 1.63B | 1.65B | 1.67B | 1.69B | 1.65B | 1.74B | 618.97M | 646.99M | 376.43M | 369.76M | 334.78M | 330.7M |
| Long-Term Investments | 25.07M | 24.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.24M | 1.24M | 1.24M | 1.24M | 1.24M | 1.52M | 497K | 26.31M | 26.96M |
| Other Non-Current Assets | 13.32M | 14.44M | 1.16B | 61.99M | 119.85M | 14.5M | 14.39M | 56.89M | 53.39M | 53.76M | 53.79M | 50.93M | 44.37M | 46.67M | 116.88M | 121.73M | 3.23M | 4.27M | 3.29M | 3.77M |
| Total Assets | 9.69B | 9.62B | 186.02B | 10.38B | 10.65B | 10.45B | 10.86B | 11.02B | 10.87B | 11.09B | 11.3B | 11.34B | 11.13B | 11.33B | 10.99B | 11.18B | 5.14B | 5.19B | 5.6B | 5.03B |
| Asset Turnover | 0.36x | 0.04x | 0.03x | 0.34x | 0.33x | 0.35x | 0.30x | 0.31x | 0.33x | 0.30x | 0.28x | 0.29x | 0.29x | 0.29x | 0.29x | 0.40x | 0.36x | 0.40x | 0.44x | 0.52x |
| Asset Growth % | -9.01% | -7.98% | 1612.48% | -5.79% | -2.01% | -5.72% | -3.86% | -2.87% | -2.27% | -2.16% | 2.83% | 1.46% | 116.43% | 118.56% | 96.24% | 122.4% | 5.38% | 18.94% | 24.41% | 78.81% |
| Total Current Liabilities | 4.49B | 4.31B | 87.2B | 4.97B | 5.24B | 4.26B | 4.42B | 3.86B | 3.75B | 3.83B | 4.07B | 4.11B | 3.78B | 3.12B | 3.79B | 3.81B | 2.37B | 2.45B | 2.53B | 3.04B |
| Accounts Payable | 2.04B | 1.8B | 31.88B | 1.82B | 2.01B | 2.16B | 2.37B | 2B | 1.67B | 1.79B | 1.94B | 1.84B | 1.49B | 1.47B | 1.48B | 1.65B | 1.85B | 1.98B | 2.07B | 2.26B |
| Days Payables Outstanding | 146.06 | 1.14K | 1.46K | 149.13 | 158.59 | 124.89 | 209.54 | 177.39 | 165.53 | 168.11 | 186.99 | 175.81 | 149.81 | 151.58 | 146.56 | 161.52 | 253.67 | 184.65 | 193.11 | 178.48 |
| Short-Term Debt | 1.15B | 1.1B | 30.61B | 1.76B | 1.82B | 656.08M | 618.28M | 589.48M | 539.2M | 508.73M | 600.12M | 910.7M | 761.42M | 230.42M | 642.65M | 679.93M | 107.05M | 28.12M | 6.12M | 100.45M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.36B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530.77M |
| Other Current Liabilities | 833.57M | 1.26B | 14.74B | 865.66M | 910.18M | 888.17M | 865.88M | 709.9M | 999.24M | 852.67M | 995.17M | -286.33M | 1.02B | 808.74M | 938.8M | 891.42M | 138.63M | 118.47M | 13.45M | -60.4M |
| Current Ratio | 0.93x | 0.92x | 0.93x | 0.93x | 0.92x | 1.09x | 1.07x | 1.03x | 1.04x | 1.04x | 1.07x | 1.08x | 1.12x | 1.39x | 1.28x | 1.32x | 1.39x | 1.37x | 1.49x | 1.07x |
| Quick Ratio | 0.47x | 0.44x | 0.44x | 0.46x | 0.44x | 0.50x | 0.50x | 0.50x | 0.55x | 0.51x | 0.54x | 0.58x | 0.63x | 0.71x | 0.64x | 0.65x | 0.69x | 0.84x | 1.01x | 0.58x |
| Cash Conversion Cycle | 45.66 | 696.33 | 855.38 | 80.84 | 69.34 | 43.66 | 43.9 | 47.03 | 51.7 | 55.01 | 61.37 | 68.23 | 87.14 | 116.12 | 121.25 | 60.52 | -21.95 | -34.92 | -36.25 | -33.89 |
| Total Non-Current Liabilities | 3.73B | 3.96B | 75.02B | 4.23B | 4.36B | 5.03B | 5.26B | 5.6B | 5.61B | 5.79B | 5.95B | 5.96B | 6.11B | 7.11B | 6.27B | 6.26B | 1.58B | 1.54B | 1.58B | 561.8M |
| Long-Term Debt | 2.91B | 3.1B | 59.72B | 3.4B | 3.52B | 4.17B | 4.33B | 4.46B | 4.54B | 4.62B | 4.74B | 4.69B | 4.93B | 5.92B | 5.91B | 5.91B | 1.48B | 1.48B | 1.51B | 475.34M |
| Capital Lease Obligations | 194.62M | 222.34M | 3.56B | 199.86M | 214.4M | 234.34M | 214.1M | 230.72M | 241.98M | 255.88M | 264.59M | 281.45M | 184.73M | 206.51M | 33.19M | 35.68M | 10.57M | 11.78M | 13.34M | 13.6M |
| Deferred Tax Liabilities | 482.11M | 494.06M | 9.12B | 495.12M | 495.12M | 495.12M | 572.3M | 783.17M | 697.57M | 783.17M | 783.17M | 837.67M | 844.54M | 833.56M | 98.3M | 98.3M | 80.91M | 38.98M | 56.96M | 56.96M |
| Other Non-Current Liabilities | 148.68M | 148.23M | 2.62B | 137.12M | 131.85M | 128.31M | 139.7M | 133.63M | 130.59M | 127.15M | 161.95M | 154.82M | 150.88M | 153.91M | 227.92M | 224.45M | 2.34M | 2.09M | 1.94M | 15.9M |
| Total Liabilities | 8.22B | 8.27B | 162.23B | 9.21B | 9.6B | 9.29B | 9.68B | 9.46B | 9.36B | 9.62B | 10.02B | 10.07B | 9.94B | 10.24B | 10.06B | 10.07B | 3.95B | 3.99B | 4.11B | 3.6B |
| Total Debt | 4.33B | 4.42B | 96.07B | 5.46B | 5.65B | 5.17B | 5.27B | 5.39B | 5.44B | 5.5B | 5.7B | 5.8B | 5.97B | 6.44B | 6.69B | 6.74B | 1.61B | 1.53B | 1.53B | 595.38M |
| Net Debt | 4.02B | 4.11B | 89.93B | 5.07B | 5.31B | 4.87B | 4.96B | 4.97B | 5.01B | 4.95B | 5.2B | 5.07B | 5.39B | 5.62B | 6.22B | 6.16B | 897.01M | 353.07M | 253.06M | 75.3M |
| Debt / Equity | 2.95x | 3.28x | 4.04x | 4.65x | 5.38x | 4.45x | 4.46x | 3.47x | 3.60x | 3.74x | 4.47x | 4.55x | 5.38x | 5.87x | 7.24x | 6.09x | 1.35x | 1.27x | 1.03x | 0.42x |
| Debt / EBITDA | 7.10x | 6.22x | 133.04x | 7.00x | 10.56x | 10.13x | 81.55x | 7.17x | 7.20x | 6.72x | 10.76x | 7.15x | 9.12x | 9.62x | 12.51x | 10.95x | 2.94x | 4.16x | 2.15x | 0.80x |
| Net Debt / EBITDA | 6.60x | 5.78x | 124.53x | 6.49x | 9.91x | 9.55x | 76.66x | 6.61x | 6.63x | 6.05x | 9.82x | 6.25x | 8.23x | 8.40x | 11.62x | 10.01x | 1.64x | 0.96x | 0.36x | 0.10x |
| Interest Coverage | 5.20x | 5.27x | 4.80x | 4.00x | 2.92x | 2.94x | 0.73x | 3.66x | 3.78x | 3.57x | 2.19x | 2.85x | 2.43x | 2.92x | 2.47x | 4.23x | 14.92x | 11.02x | 42.32x | 48.83x |
| Total Equity | 1.47B | 1.35B | 23.8B | 1.17B | 1.05B | 1.16B | 1.18B | 1.56B | 1.51B | 1.47B | 1.27B | 1.28B | 1.11B | 1.1B | 924.49M | 1.11B | 1.19B | 1.2B | 1.49B | 1.43B |
| Equity Growth % | 39.96% | 15.69% | 1911.95% | -24.49% | -30.43% | -21.07% | -7.15% | 21.87% | 36.13% | 34.24% | 37.78% | 15.38% | -7.17% | -8.58% | -37.85% | -22.4% | -2.06% | 36.08% | 344.35% | 127.6% |
| Book Value per Share | 39.40 | 36.05 | 637.67 | 31.46 | 28.17 | 31.17 | 31.76 | 41.76 | 40.55 | 39.54 | 34.14 | 34.19 | 29.72 | 29.40 | 24.77 | 29.64 | 32.02 | 32.16 | 39.86 | 38.95 |
| Total Shareholders' Equity | 1.47B | 1.35B | 23.86B | 1.18B | 1.05B | 1.16B | 1.18B | 1.56B | 1.51B | 1.47B | 1.28B | 1.28B | 1.18B | 1.1B | 923.74M | 1.1B | 1.19B | 1.19B | 1.49B | 1.43B |
| Common Stock | 318.44M | 321.84M | 5.92B | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 321.31M | 295M | 295M | 14.79M | 321.31M | 313.73M | 1.43B |
| Retained Earnings | 1.17B | 1.09B | 19.09B | 921.97M | 794.28M | 892.4M | 919.66M | 1.28B | 1.23B | 1.19B | 974.17M | 976.79M | 868.13M | 779.94M | 616.3M | 809.4M | 45.5M | 856.99M | 1.17B | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5.14M | -35.62M | -684.94M | -40.92M | -37.49M | -24.08M | -31.51M | -24.27M | -18.15M | -19.19M | -19.78M | -20.35M | -8.71M | 7.51M | 12.44M | 285K | 24.42K | 583K | -718K | 0 |
| Minority Interest | -1.79M | -1.82M | -65.07M | -2.99M | -2.39M | -1.72M | -1.48M | -1.55M | -1.57M | -1.63M | -1.94M | -1.78M | 1.36M | 1.18M | 748K | 1.21M | 1.52M | 14.65M | 0 | 0 |