Hapvida Participacoes Investimento (BSP:HAPV3) Days Payable : 6.00 (As of Dec. 2023)

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What is Hapvida Participacoes Investimento Days Payable?

Hapvida Participacoes Investimento's average Accounts Payable for the three months ended in Dec. 2023 was R$325 Mil. Hapvida Participacoes Investimento's Cost of Goods Sold for the three months ended in Dec. 2023 was R$4,939 Mil. Hence, Hapvida Participacoes Investimento's Days Payable for the three months ended in Dec. 2023 was 6.00.

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

BSP:HAPV3' s Days Payable Range Over the Past 10 Years
Min: 5.93 Med: 7.56 Max: 8.39
Current: 6.31

During the past 10 years, Hapvida Participacoes Investimento's highest Days Payable was 8.39. The lowest was 5.93. And the median was 7.56.

BSP:HAPV3's Days Payable is ranked worse than
93.75% of 48 companies
in the Insurance industry
Industry Median: 57.26 vs BSP:HAPV3: 6.31

Hapvida Participacoes Investimento's Days Payable declined from Dec. 2022 (7.00) to Dec. 2023 (6.00). It may suggest that Hapvida Participacoes Investimento accelerated paying its suppliers.

Hapvida Participacoes Investimento Days Payable Historical Data

The historical data trend for Hapvida Participacoes Investimento'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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Hapvida Participacoes Investimento Days Payable Chart

Hapvida Participacoes Investimento Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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8.39

7.56

7.88

5.93

6.35

Hapvida Participacoes Investimento 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															7.00	6.92	6.03	6.25	6.00

Competitive Comparison of Hapvida Participacoes Investimento's Days Payable

For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Days Payable distribution charts can be found below:

* The bar in red indicates where Hapvida Participacoes Investimento's Days Payable falls into.

Hapvida Participacoes Investimento 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.

Hapvida Participacoes Investimento'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
=	( (414.703	+	292.018)	/	2 )	/	20314.699	*	365
=	353.3605					/	20314.699	*	365
=	6.35

Hapvida Participacoes Investimento'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
=	( (357.962	+	292.018)	/	2 )	/	4939.319	*	365 / 4
=	324.99					/	4939.319	*	365 / 4
=	6.00

Hapvida Participacoes Investimento Days Payable Related Terms

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

Hapvida Participacoes Investimento (BSP:HAPV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hapvida Participacoes Investimento SA (BSP:HAPV3) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061

Website

https://ri.hapvida.com.br

Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The Company and its subsidiaries are mainly engaged in: (i) the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and (ii) the sale of dental insurance plans for services provided by an accredited network.

Hapvida Participacoes Investimento (BSP:HAPV3) Headlines

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