Sao Paulo Turismo (BSP:AHEB5) Days Payable : 29.77 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Sao Paulo Turismo Days Payable?

Sao Paulo Turismo's average Accounts Payable for the three months ended in Dec. 2023 was R$38.3 Mil. Sao Paulo Turismo's Cost of Goods Sold for the three months ended in Dec. 2023 was R$117.5 Mil. Hence, Sao Paulo Turismo's Days Payable for the three months ended in Dec. 2023 was 29.77.

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

BSP:AHEB5' s Days Payable Range Over the Past 10 Years
Min: 26.86 Med: 48.28 Max: 53.62
Current: 29.32

During the past 13 years, Sao Paulo Turismo's highest Days Payable was 53.62. The lowest was 26.86. And the median was 48.28.

BSP:AHEB5's Days Payable is ranked worse than
74.8% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs BSP:AHEB5: 29.32

Sao Paulo Turismo's Days Payable declined from Dec. 2022 (31.08) to Dec. 2023 (29.77). It may suggest that Sao Paulo Turismo accelerated paying its suppliers.

Sao Paulo Turismo Days Payable Historical Data

The historical data trend for Sao Paulo Turismo'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.

Sao Paulo Turismo Days Payable Chart

Sao Paulo Turismo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.77

28.87

52.55

47.45

26.86

Sao Paulo Turismo 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															31.08	23.64	34.59	32.49	29.77

Competitive Comparison of Sao Paulo Turismo's Days Payable

For the Travel Services subindustry, Sao Paulo Turismo'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.

Sao Paulo Turismo's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sao Paulo Turismo's Days Payable distribution charts can be found below:

* The bar in red indicates where Sao Paulo Turismo's Days Payable falls into.

Sao Paulo Turismo 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.

Sao Paulo Turismo'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
=	( (19.232	+	43.197)	/	2 )	/	424.209	*	365
=	31.2145					/	424.209	*	365
=	26.86

Sao Paulo Turismo'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
=	( (33.484	+	43.197)	/	2 )	/	117.521	*	365 / 4
=	38.3405					/	117.521	*	365 / 4
=	29.77

Sao Paulo Turismo Days Payable Related Terms

Thank you for viewing the detailed overview of Sao Paulo Turismo's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sao Paulo Turismo (BSP:AHEB5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sao Paulo Turismo SA (BSP:AHEB5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AHEB3:Brazil

Address

Av Olavo Fontoura 1209, Sao Paulo, SP, BRA, 02012-21

Website

http://www.spturis.com

Sao Paulo Turismo SA is a tourism & event organizing company. It is engaged in organizing & operation of events, exhibitions, fairs, carnivals & promoting business, entertainment, culture & tourism in the city of Sao Paulo.

Sao Paulo Turismo (BSP:AHEB5) Headlines

No Headlines