CIA Melhoramentos deo Paulo (BSP:MSPA4) Days Payable : 66.61 (As of Dec. 2023)

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What is CIA Melhoramentos deo Paulo Days Payable?

CIA Melhoramentos deo Paulo's average Accounts Payable for the three months ended in Dec. 2023 was R$12.4 Mil. CIA Melhoramentos deo Paulo's Cost of Goods Sold for the three months ended in Dec. 2023 was R$17.0 Mil. Hence, CIA Melhoramentos deo Paulo's Days Payable for the three months ended in Dec. 2023 was 66.61.

The historical rank and industry rank for CIA Melhoramentos deo Paulo's Days Payable or its related term are showing as below:

BSP:MSPA4' s Days Payable Range Over the Past 10 Years
Min: 48.8 Med: 89.02 Max: 122.59
Current: 51.91

During the past 13 years, CIA Melhoramentos deo Paulo's highest Days Payable was 122.59. The lowest was 48.80. And the median was 89.02.

BSP:MSPA4's Days Payable is ranked worse than
55% of 280 companies
in the Forest Products industry
Industry Median: 57.025 vs BSP:MSPA4: 51.91

CIA Melhoramentos deo Paulo's Days Payable increased from Dec. 2022 (44.00) to Dec. 2023 (66.61). It may suggest that CIA Melhoramentos deo Paulo delayed paying its suppliers.

CIA Melhoramentos deo Paulo Days Payable Historical Data

The historical data trend for CIA Melhoramentos deo Paulo'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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CIA Melhoramentos deo Paulo Days Payable Chart

CIA Melhoramentos deo Paulo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.19

60.81

48.80

53.68

59.69

CIA Melhoramentos deo Paulo 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															44.00	50.76	45.06	43.10	66.61

Competitive Comparison of CIA Melhoramentos deo Paulo's Days Payable

For the Lumber & Wood Production subindustry, CIA Melhoramentos deo Paulo'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.

CIA Melhoramentos deo Paulo's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, CIA Melhoramentos deo Paulo's Days Payable distribution charts can be found below:

* The bar in red indicates where CIA Melhoramentos deo Paulo's Days Payable falls into.

CIA Melhoramentos deo Paulo 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.

CIA Melhoramentos deo Paulo'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
=	( (19.158	+	13.979)	/	2 )	/	101.307	*	365
=	16.5685					/	101.307	*	365
=	59.69

CIA Melhoramentos deo Paulo'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
=	( (10.85	+	13.979)	/	2 )	/	17.008	*	365 / 4
=	12.4145					/	17.008	*	365 / 4
=	66.61

CIA Melhoramentos deo Paulo Days Payable Related Terms

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CIA Melhoramentos deo Paulo (BSP:MSPA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » CIA Melhoramentos de Sao Paulo (BSP:MSPA4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MSPA3:Brazil

Address

Rua Tito 479, Sao Paulo, SP, BRA, 05051000

Website

http://www.melhoramentos.com.br

CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.

CIA Melhoramentos deo Paulo (BSP:MSPA4) Headlines

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