Eternit (BSP:ETER3) Days Payable

: 31.73 (As of Dec. 2023)

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Eternit's average Accounts Payable for the three months ended in Dec. 2023 was R$77 Mil. Eternit's Cost of Goods Sold for the three months ended in Dec. 2023 was R$220 Mil. Hence, Eternit's Days Payable for the three months ended in Dec. 2023 was 31.73.

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

BSP:ETER3' s Days Payable Range Over the Past 10 Years
Min: 22.05 Med: 26.73 Max: 48.12
Current: 30.78

During the past 13 years, Eternit's highest Days Payable was 48.12. The lowest was 22.05. And the median was 26.73.

BSP:ETER3's Days Payable is ranked worse than
88.26% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs BSP:ETER3: 30.78

Eternit's Days Payable increased from Dec. 2022 (24.30) to Dec. 2023 (31.73). It may suggest that Eternit delayed paying its suppliers.

Eternit Days Payable Historical Data

The historical data trend for Eternit'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.

Eternit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

42.66

48.12

31.97

25.81

30.71

Eternit Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																24.30	27.08	32.05	32.42	31.73

Competitive Comparison

For the Building Products & Equipment subindustry, Eternit'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.

Eternit Days Payable Distribution

For the Construction industry and Industrials sector, Eternit's Days Payable distribution charts can be found below:

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

Eternit 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.

Eternit'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
=	( (65.116	+	75.981)	/	2 )	/	838.412	*	365
=	70.5485					/	838.412	*	365
=	30.71

Eternit'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
=	( (77.09	+	75.981)	/	2 )	/	220.128	*	365 / 4
=	76.5355					/	220.128	*	365 / 4
=	31.73

Eternit Days Payable Related Terms

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Eternit (BSP:ETER3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Eternit SA (BSP:ETER3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Dr. Fernandes Coelho, 85 - 8º floor, Sao Paulo, SP, BRA, 5423040

Website

http://www.eternit.com.br

Eternit SA is a Brazil-based company. It is engaged in the production and sale of fiber cement, cement, concrete, plaster, and plastic products, as well as other construction materials and related accessories through its subsidiaries. The operating segments of the company include Fiber Cement, Chrysotile Mineral, and Concrete Roof Tiles.

Eternit (BSP:ETER3) Headlines

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