Taurus Armas (BSP:TASA3) Days Payable : 34.45 (As of Dec. 2023)

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What is Taurus Armas Days Payable?

Taurus Armas's average Accounts Payable for the three months ended in Dec. 2023 was R$114 Mil. Taurus Armas's Cost of Goods Sold for the three months ended in Dec. 2023 was R$301 Mil. Hence, Taurus Armas's Days Payable for the three months ended in Dec. 2023 was 34.45.

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

BSP:TASA3' s Days Payable Range Over the Past 10 Years
Min: 28.09 Med: 37.69 Max: 69.57
Current: 37.08

During the past 13 years, Taurus Armas's highest Days Payable was 69.57. The lowest was 28.09. And the median was 37.69.

BSP:TASA3's Days Payable is ranked worse than
80.2% of 298 companies
in the Aerospace & Defense industry
Industry Median: 77.655 vs BSP:TASA3: 37.08

Taurus Armas's Days Payable increased from Dec. 2022 (32.17) to Dec. 2023 (34.45). It may suggest that Taurus Armas delayed paying its suppliers.

Taurus Armas Days Payable Historical Data

The historical data trend for Taurus Armas'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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Taurus Armas Days Payable Chart

Taurus Armas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.85

38.50

32.77

33.84

35.50

Taurus Armas 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															32.17	40.73	37.48	37.49	34.45

Competitive Comparison of Taurus Armas's Days Payable

For the Aerospace & Defense subindustry, Taurus Armas'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.

Taurus Armas's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Days Payable distribution charts can be found below:

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

Taurus Armas 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.

Taurus Armas'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
=	( (112.23	+	111.61)	/	2 )	/	1150.695	*	365
=	111.92					/	1150.695	*	365
=	35.50

Taurus Armas'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
=	( (115.58	+	111.61)	/	2 )	/	300.912	*	365 / 4
=	113.595					/	300.912	*	365 / 4
=	34.45

Taurus Armas Days Payable Related Terms

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Taurus Armas (BSP:TASA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taurus Armas SA (BSP:TASA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TASA4:Brazil

Address

Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411

Website

https://www.taurusarmas.com.br

Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA3) Headlines

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