Cruzeiro do Sul Educacional (BSP:CSED3) Days Payable : 25.56 (As of Dec. 2023)

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What is Cruzeiro do Sul Educacional Days Payable?

Cruzeiro do Sul Educacional's average Accounts Payable for the three months ended in Dec. 2023 was R$90 Mil. Cruzeiro do Sul Educacional's Cost of Goods Sold for the three months ended in Dec. 2023 was R$320 Mil. Hence, Cruzeiro do Sul Educacional's Days Payable for the three months ended in Dec. 2023 was 25.56.

The historical rank and industry rank for Cruzeiro do Sul Educacional's Days Payable or its related term are showing as below:

BSP:CSED3' s Days Payable Range Over the Past 10 Years
Min: 16.8 Med: 19.09 Max: 24.3
Current: 24.3

During the past 4 years, Cruzeiro do Sul Educacional's highest Days Payable was 24.30. The lowest was 16.80. And the median was 19.09.

BSP:CSED3's Days Payable is ranked worse than
61.79% of 212 companies
in the Education industry
Industry Median: 36.105 vs BSP:CSED3: 24.30

Cruzeiro do Sul Educacional's Days Payable increased from Dec. 2022 (18.16) to Dec. 2023 (25.56). It may suggest that Cruzeiro do Sul Educacional delayed paying its suppliers.

Cruzeiro do Sul Educacional Days Payable Historical Data

The historical data trend for Cruzeiro do Sul Educacional'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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Cruzeiro do Sul Educacional Days Payable Chart

Cruzeiro do Sul Educacional Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

16.80

17.92

20.25

22.43

Cruzeiro do Sul Educacional Quarterly Data
	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial														18.16	23.87	22.34	27.37	25.56

Competitive Comparison of Cruzeiro do Sul Educacional's Days Payable

For the Education & Training Services subindustry, Cruzeiro do Sul Educacional'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.

Cruzeiro do Sul Educacional's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cruzeiro do Sul Educacional's Days Payable distribution charts can be found below:

* The bar in red indicates where Cruzeiro do Sul Educacional's Days Payable falls into.

Cruzeiro do Sul Educacional 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.

Cruzeiro do Sul Educacional'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
=	( (69.368	+	77.87)	/	2 )	/	1198.011	*	365
=	73.619					/	1198.011	*	365
=	22.43

Cruzeiro do Sul Educacional'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
=	( (101.208	+	77.87)	/	2 )	/	319.635	*	365 / 4
=	89.539					/	319.635	*	365 / 4
=	25.56

Cruzeiro do Sul Educacional Days Payable Related Terms

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Cruzeiro do Sul Educacional (BSP:CSED3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cruzeiro do Sul Educacional SA (BSP:CSED3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Cesario Galeno, 448/475 - Tatuape, Sao Paulo, SP, BRA, 03071-000

Website

https://www.cruzeirodosuleducacional.edu.br

Cruzeiro do Sul Educacional SA is engaged in the business of providing education services. It provides higher education, graduate programs, postgraduate courses, childhood education, and technical education.

Cruzeiro do Sul Educacional (BSP:CSED3) Headlines

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