Direcional Engenharia (BSP:DIRR3) Days Payable : 55.80 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Direcional Engenharia Days Payable?

Direcional Engenharia's average Accounts Payable for the three months ended in Dec. 2023 was R$260 Mil. Direcional Engenharia's Cost of Goods Sold for the three months ended in Dec. 2023 was R$425 Mil. Hence, Direcional Engenharia's Days Payable for the three months ended in Dec. 2023 was 55.80.

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

BSP:DIRR3' s Days Payable Range Over the Past 10 Years
Min: 24.03 Med: 33.27 Max: 60.32
Current: 56.07

During the past 13 years, Direcional Engenharia's highest Days Payable was 60.32. The lowest was 24.03. And the median was 33.27.

BSP:DIRR3's Days Payable is ranked worse than
66.9% of 1574 companies
in the Real Estate industry
Industry Median: 97.055 vs BSP:DIRR3: 56.07

Direcional Engenharia's Days Payable increased from Dec. 2022 (54.64) to Dec. 2023 (55.80). It may suggest that Direcional Engenharia delayed paying its suppliers.

Direcional Engenharia Days Payable Historical Data

The historical data trend for Direcional Engenharia'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.

Direcional Engenharia Days Payable Chart

Direcional Engenharia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.03

26.44

38.99

49.92

60.32

Direcional Engenharia 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															54.64	55.82	49.54	59.28	55.80

Competitive Comparison of Direcional Engenharia's Days Payable

For the Real Estate - Development subindustry, Direcional Engenharia'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.

Direcional Engenharia's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Direcional Engenharia's Days Payable distribution charts can be found below:

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

Direcional Engenharia 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.

Direcional Engenharia'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
=	( (236.055	+	276.358)	/	2 )	/	1550.208	*	365
=	256.2065					/	1550.208	*	365
=	60.32

Direcional Engenharia'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
=	( (243.708	+	276.358)	/	2 )	/	425.257	*	365 / 4
=	260.033					/	425.257	*	365 / 4
=	55.80

Direcional Engenharia Days Payable Related Terms

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

Direcional Engenharia (BSP:DIRR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Direcional Engenharia SA (BSP:DIRR3) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Rua dos Otoni, 177, Bairro Santa Efigenia, Belo Horizonte, MG, BRA, 30150-270

Website

https://direcional.com.br

Direcional Engenharia SA is a real estate development and construction company. It focuses on the development of large-scale residential housing targeting the low-income segment, particularly in the North and Mid-West regions of Brazil. Geographically, the business presence of the firm are seen in the states of Rio de Janeiro, Sao Paulo, the Rio Grande do Sul, Minas Gerais, Para, and Amazonas, among others.

Direcional Engenharia (BSP:DIRR3) Headlines

No Headlines