Itausa Investimentos ITAU (BSP:ITSA3) Days Payable : 72.73 (As of Dec. 2023)

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What is Itausa Investimentos ITAU Days Payable?

Itausa Investimentos ITAU's average Accounts Payable for the three months ended in Dec. 2023 was R$1,151 Mil. Itausa Investimentos ITAU's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,444 Mil. Hence, Itausa Investimentos ITAU's Days Payable for the three months ended in Dec. 2023 was 72.73.

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

BSP:ITSA3' s Days Payable Range Over the Past 10 Years
Min: 88.59 Med: 94.88 Max: 116.86
Current: 116.86

During the past 13 years, Itausa Investimentos ITAU's highest Days Payable was 116.86. The lowest was 88.59. And the median was 94.88.

BSP:ITSA3's Days Payable is ranked better than
78.25% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs BSP:ITSA3: 116.86

Itausa Investimentos ITAU's Days Payable declined from Sep. 2022 (92.31) to Dec. 2023 (72.73). It may suggest that Itausa Investimentos ITAU accelerated paying its suppliers.

Itausa Investimentos ITAU Days Payable Historical Data

The historical data trend for Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU Days Payable Chart

Itausa Investimentos ITAU Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

96.25

94.88

88.59

Itausa Investimentos ITAU Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															92.31	86.40	107.75	86.50	72.73

Competitive Comparison of Itausa Investimentos ITAU's Days Payable

For the Conglomerates subindustry, Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Days Payable distribution charts can be found below:

* The bar in red indicates where Itausa Investimentos ITAU's Days Payable falls into.

Itausa Investimentos ITAU 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.

Itausa Investimentos ITAU'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
=	( (1243	+	1187)	/	2 )	/	5006	*	365
=	1215					/	5006	*	365
=	88.59

Itausa Investimentos ITAU'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
=	( (1115	+	1187)	/	2 )	/	1444	*	365 / 4
=	1151					/	1444	*	365 / 4
=	72.73

Itausa Investimentos ITAU Days Payable Related Terms

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Itausa Investimentos ITAU (BSP:ITSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Itausa Investimentos ITAU SA (BSP:ITSA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITSA4:Brazil

Address

Avenue Paulista, 1938, 5th Floor, Bela Vista, Jabaquara, Sao Paulo, SP, BRA, 01310-200

Website

https://www.itausa.com.br

Itausa Investimentos ITAU SA is a Brazilian conglomerate with activities mainly in investment banking. In addition to financial services, the company controls companies in wood panelling, ceramic, metal sanitary, chemicals, and electronics. The company reports its results as financial segment results and industrial segment results. The financial services segment, which generates more than 99% of revenue, is composed of loans, asset management, custody and bookkeeping services, investment banking, electronic payments, and insurance.

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