Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Trade Account Receivables (Tables)

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Trade Account Receivables (Tables)
 12 Months Ended
Dec. 31, 2023
Trade account receivables [Abstract]  
Schedule of Trade Account Receivables
    2023     2022     2021  
                   
Trade account receivables   Ps. 1,404,541       1,092,855       835,757  
                         
Expected credit loss     (332,086 )     (121,792 )     (90,164 )
                         
    Ps. 1,072,455       971,063       745,593  
Schedule of Accounts Receivable The following table shows the expected lifetime credit loss recognized for accounts receivable in accordance with the simplified approach established in IFRS 9.
Trade receivables – days past due  
    Betterware de México     JAFRA in Mexico and United States        
As of December 31, 2023   Not past
due		     14-21     21-28     >28     Not past
due		     >30-59     >60-120     >120     Total  
                                                       
Expected credit loss rate     2 %     8 %     14 %     58 %     8 %     26 %     57 %     76 %        
Gross amount of account receivable   Ps. 456,616       25,165       16,939       175,534       418,654       79,281       61,568       170,784       1,404,541  
Expected credit loss   Ps. 8,935       2,104       2,455       101,305       31,511       20,622       35,281       129,873       332,086  
Trade receivables – days past due  
    Betterware de México     JAFRA in Mexico and United States        
As of December 31, 2022   Not past
due		     14-21     21-28     >28     Not past
due		     >30-59     >60-120     >120     Total  
                                                       
Expected credit loss rate     1 %     18 %     39 %     41 %     1 %     7 %     21 %     61 %        
Gross amount of account receivable   Ps. 365,978       24,198       15,592       161,204       374,039       77,509       31,366       42,969       1,092,855  
Expected credit loss   Ps. 3,561       4,337       6,142       66,126       3,589       5,130       6,735       26,172       121,792  
As of December 31, 2021   Not past
due		     14-21     21 – 28     >28     Total  
                               
Expected credit loss rate     1 %     27 %     60 %     28 %        
Estimated total gross carrying amount at default   Ps. 560,642       31,439       22,463       221,213       835,757  
Expected credit loss   Ps. 6,814       8,338       13,386       61,626       90,164  

Schedule of Expected Credit Loss The following table shows the movement in lifetime expected credit loss that has been recognized for trade account receivables in accordance with the simplified approach set out in IFRS 9.
    Total  
Balance as of January 1, 2021   Ps. (9,083 )
Expected credit loss     (198,495 )
Amounts written off     117,414  
Balance as of December 31, 2021     (90,164 )
Expected credit loss     (269,595 )
Amounts written off     237,928  
Foreign currency translation     39  
Balance as of December 31, 2022     (121,792 )
Expected credit loss     (304,501 )
Amounts written off     94,194  
Foreign currency translation     13  
Balance as of December 31, 2023   Ps. (332,086 )