EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Days Payable : 22.23 (As of Dec. 2023)

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What is EcoRodovias Infraestrutura E Logistica Days Payable?

EcoRodovias Infraestrutura E Logistica's average Accounts Payable for the three months ended in Dec. 2023 was R$413 Mil. EcoRodovias Infraestrutura E Logistica's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,694 Mil. Hence, EcoRodovias Infraestrutura E Logistica's Days Payable for the three months ended in Dec. 2023 was 22.23.

The historical rank and industry rank for EcoRodovias Infraestrutura E Logistica's Days Payable or its related term are showing as below:

BSP:ECOR3' s Days Payable Range Over the Past 10 Years
Min: 14.79 Med: 19.84 Max: 24.13
Current: 21.54

During the past 13 years, EcoRodovias Infraestrutura E Logistica's highest Days Payable was 24.13. The lowest was 14.79. And the median was 19.84.

BSP:ECOR3's Days Payable is ranked worse than
94.07% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs BSP:ECOR3: 21.54

EcoRodovias Infraestrutura E Logistica's Days Payable increased from Dec. 2022 (21.37) to Dec. 2023 (22.23). It may suggest that EcoRodovias Infraestrutura E Logistica delayed paying its suppliers.

EcoRodovias Infraestrutura E Logistica Days Payable Historical Data

The historical data trend for EcoRodovias Infraestrutura E Logistica'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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EcoRodovias Infraestrutura E Logistica Days Payable Chart

EcoRodovias Infraestrutura E Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.79

18.09

23.15

22.18

24.13

EcoRodovias Infraestrutura E Logistica 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															21.37	25.19	19.66	18.05	22.23

Competitive Comparison of EcoRodovias Infraestrutura E Logistica's Days Payable

For the Infrastructure Operations subindustry, EcoRodovias Infraestrutura E Logistica'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.

EcoRodovias Infraestrutura E Logistica's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, EcoRodovias Infraestrutura E Logistica's Days Payable distribution charts can be found below:

* The bar in red indicates where EcoRodovias Infraestrutura E Logistica's Days Payable falls into.

EcoRodovias Infraestrutura E Logistica 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.

EcoRodovias Infraestrutura E Logistica'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
=	( (281.774	+	457.5)	/	2 )	/	5590.491	*	365
=	369.637					/	5590.491	*	365
=	24.13

EcoRodovias Infraestrutura E Logistica'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
=	( (367.925	+	457.5)	/	2 )	/	1694.289	*	365 / 4
=	412.7125					/	1694.289	*	365 / 4
=	22.23

EcoRodovias Infraestrutura E Logistica Days Payable Related Terms

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EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EcoRodovias Infraestrutura E Logistica SA (BSP:ECOR3) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Rua Gomes de Carvalho, 1510 3rd Floor, Vila Olimpia, Sao Paulo, SP, BRA, 04547-005

Website

http://www.ecorodovias.com.br

EcoRodovias Infraestrutura E Logistica SA is an infrastructure and logistics company. The company organises itself into three segments: concessions, holding and services, and ports. Concessions, which includes the company's Brazilian toll road operations, contributes the vast majority of revenue. Ports, the next largest segment, includes the company's port operations, in addition to handling and warehousing import and export cargos. The company is headquartered in Brazil, and generates all revenue domestically.

EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Headlines

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