Empreendimentos Pague Menos (BSP:PGMN3) Days Payable : 83.18 (As of Dec. 2023)

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What is Empreendimentos Pague Menos Days Payable?

Empreendimentos Pague Menos's average Accounts Payable for the three months ended in Dec. 2023 was R$1,798 Mil. Empreendimentos Pague Menos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,972 Mil. Hence, Empreendimentos Pague Menos's Days Payable for the three months ended in Dec. 2023 was 83.18.

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

BSP:PGMN3' s Days Payable Range Over the Past 10 Years
Min: 75.86 Med: 85.77 Max: 90.32
Current: 75.86

During the past 12 years, Empreendimentos Pague Menos's highest Days Payable was 90.32. The lowest was 75.86. And the median was 85.77.

BSP:PGMN3's Days Payable is ranked better than
59.39% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs BSP:PGMN3: 75.86

Empreendimentos Pague Menos's Days Payable increased from Dec. 2022 (81.88) to Dec. 2023 (83.18). It may suggest that Empreendimentos Pague Menos delayed paying its suppliers.

Empreendimentos Pague Menos Days Payable Historical Data

The historical data trend for Empreendimentos Pague Menos'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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Empreendimentos Pague Menos Days Payable Chart

Empreendimentos Pague Menos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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90.17

90.32

87.48

81.75

84.05

Empreendimentos Pague Menos 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															81.88	80.50	66.33	65.57	83.18

Competitive Comparison of Empreendimentos Pague Menos's Days Payable

For the Pharmaceutical Retailers subindustry, Empreendimentos Pague Menos'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.

Empreendimentos Pague Menos's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Empreendimentos Pague Menos's Days Payable distribution charts can be found below:

* The bar in red indicates where Empreendimentos Pague Menos's Days Payable falls into.

Empreendimentos Pague Menos 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.

Empreendimentos Pague Menos'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
=	( (1590.364	+	1936.165)	/	2 )	/	7656.883	*	365
=	1763.2645					/	7656.883	*	365
=	84.05

Empreendimentos Pague Menos'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
=	( (1659.238	+	1936.165)	/	2 )	/	1972.183	*	365 / 4
=	1797.7015					/	1972.183	*	365 / 4
=	83.18

Empreendimentos Pague Menos Days Payable Related Terms

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

Empreendimentos Pague Menos (BSP:PGMN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Empreendimentos Pague Menos SA (BSP:PGMN3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Senador Pompeu, no 1.520, Centro, Fortaleza, CE, BRA, CEP 60.025-002

Website

https://www.paguemenos.com.br

Empreendimentos Pague Menos SA operates a pharmacy chain in Brazil. The company sells (brand) and generic drugs, subject to medical or over-the-counter (OTC) prescription, multivitamin and perfumery products, which include hygiene and beauty articles.

Empreendimentos Pague Menos (BSP:PGMN3) Headlines

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