BRF (BRFS) Days Payable

: 104.51 (As of Dec. 2023)

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BRF's average Accounts Payable for the three months ended in Dec. 2023 was $2,626 Mil. BRF's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,293 Mil. Hence, BRF's Days Payable for the three months ended in Dec. 2023 was 104.51.

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

BRFS' s Days Payable Range Over the Past 10 Years
Min: 68.13 Med: 105.53 Max: 115.76
Current: 107.58

During the past 13 years, BRF's highest Days Payable was 115.76. The lowest was 68.13. And the median was 105.53.

BRFS's Days Payable is ranked better than
83.73% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BRFS: 107.58

BRF's Days Payable declined from Dec. 2022 (105.32) to Dec. 2023 (104.51). It may suggest that BRF accelerated paying its suppliers.

BRF Days Payable Historical Data

The historical data trend for BRF'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.

BRF Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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95.59

112.20

120.05

108.12

105.10

BRF Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															105.32	109.11	106.88	104.79	104.51

Competitive Comparison

For the Packaged Foods subindustry, BRF'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.

BRF Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, BRF's Days Payable distribution charts can be found below:

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

BRF 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.

BRF'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
=	( (2693.553	+	2569.902)	/	2 )	/	9139.503	*	365
=	2631.7275					/	9139.503	*	365
=	105.10

BRF's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2681.747	+	2569.902)	/	2 )	/	2292.671	*	365 / 4
=	2625.8245					/	2292.671	*	365 / 4
=	104.51

BRF Days Payable Related Terms

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BRF (BRFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BRF SA (NYSE:BRFS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BRFS:Mexico P5Y:Germany BRFS3:Brazil BRFS:Argentina

Address

Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, BRA, 05425-070

Website

https://www.brf-global.com

BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets.