Ouro Finoude Animal Participacoes (BSP:OFSA3) Days Payable : 41.15 (As of Dec. 2023)

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What is Ouro Finoude Animal Participacoes Days Payable?

Ouro Finoude Animal Participacoes's average Accounts Payable for the three months ended in Dec. 2023 was R$72.2 Mil. Ouro Finoude Animal Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$160.1 Mil. Hence, Ouro Finoude Animal Participacoes's Days Payable for the three months ended in Dec. 2023 was 41.15.

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

BSP:OFSA3' s Days Payable Range Over the Past 10 Years
Min: 37.88 Med: 45.54 Max: 61.26
Current: 51.06

During the past 10 years, Ouro Finoude Animal Participacoes's highest Days Payable was 61.26. The lowest was 37.88. And the median was 45.54.

BSP:OFSA3's Days Payable is ranked worse than
73.59% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs BSP:OFSA3: 51.06

Ouro Finoude Animal Participacoes's Days Payable declined from Dec. 2022 (50.82) to Dec. 2023 (41.15). It may suggest that Ouro Finoude Animal Participacoes accelerated paying its suppliers.

Ouro Finoude Animal Participacoes Days Payable Historical Data

The historical data trend for Ouro Finoude Animal Participacoes'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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Ouro Finoude Animal Participacoes Days Payable Chart

Ouro Finoude Animal Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.47

49.30

50.13

55.32

57.13

Ouro Finoude Animal Participacoes 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															50.82	74.92	47.01	44.50	41.15

Competitive Comparison of Ouro Finoude Animal Participacoes's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Ouro Finoude Animal Participacoes'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.

Ouro Finoude Animal Participacoes's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ouro Finoude Animal Participacoes's Days Payable distribution charts can be found below:

* The bar in red indicates where Ouro Finoude Animal Participacoes's Days Payable falls into.

Ouro Finoude Animal Participacoes 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.

Ouro Finoude Animal Participacoes'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
=	( (85.566	+	74.558)	/	2 )	/	511.548	*	365
=	80.062					/	511.548	*	365
=	57.13

Ouro Finoude Animal Participacoes'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
=	( (69.821	+	74.558)	/	2 )	/	160.083	*	365 / 4
=	72.1895					/	160.083	*	365 / 4
=	41.15

Ouro Finoude Animal Participacoes Days Payable Related Terms

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Ouro Finoude Animal Participacoes (BSP:OFSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ouro Fino Saude Animal Participacoes SA (BSP:OFSA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anhanguera Highway SP 330, Km 298, Industrial District, Cravinhos, SP, BRA, 14140-000

Website

https://www.ourofinosaudeanimal.com

Ouro Fino Saude Animal Participacoes SA is engaged in the production and sale of veterinary drugs, vaccines, and other products for cattle, pigs, poultry, sheep, horses and goats and pets. The company reportable segments are Production animals, Companion animals, and International operations. It generates maximum revenue from the Production animals segment. The product portfolio includes Anticoccidials, Antimicrobials, Biological, Ectoparasiticides, Endectocides, Fortifiers / Supplements, and others.

Ouro Finoude Animal Participacoes (BSP:OFSA3) Headlines

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