Priner Servicos Industriais (BSP:PRNR3) Days Payable : 13.86 (As of Dec. 2023)

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What is Priner Servicos Industriais Days Payable?

Priner Servicos Industriais's average Accounts Payable for the three months ended in Dec. 2023 was R$34 Mil. Priner Servicos Industriais's Cost of Goods Sold for the three months ended in Dec. 2023 was R$223 Mil. Hence, Priner Servicos Industriais's Days Payable for the three months ended in Dec. 2023 was 13.86.

The historical rank and industry rank for Priner Servicos Industriais's Days Payable or its related term are showing as below:

BSP:PRNR3' s Days Payable Range Over the Past 10 Years
Min: 11.89 Med: 14.63 Max: 18.02
Current: 15.03

During the past 8 years, Priner Servicos Industriais's highest Days Payable was 18.02. The lowest was 11.89. And the median was 14.63.

BSP:PRNR3's Days Payable is ranked worse than
97.44% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs BSP:PRNR3: 15.03

Priner Servicos Industriais's Days Payable declined from Dec. 2022 (15.15) to Dec. 2023 (13.86). It may suggest that Priner Servicos Industriais accelerated paying its suppliers.

Priner Servicos Industriais Days Payable Historical Data

The historical data trend for Priner Servicos Industriais'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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Priner Servicos Industriais Days Payable Chart

Priner Servicos Industriais Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.01

18.02

14.46

15.03

15.81

Priner Servicos Industriais 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															15.15	16.61	16.06	13.16	13.86

Competitive Comparison of Priner Servicos Industriais's Days Payable

For the Engineering & Construction subindustry, Priner Servicos Industriais'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.

Priner Servicos Industriais's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Priner Servicos Industriais's Days Payable distribution charts can be found below:

* The bar in red indicates where Priner Servicos Industriais's Days Payable falls into.

Priner Servicos Industriais 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.

Priner Servicos Industriais'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
=	( (33.383	+	38.577)	/	2 )	/	830.84	*	365
=	35.98					/	830.84	*	365
=	15.81

Priner Servicos Industriais'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
=	( (29.052	+	38.577)	/	2 )	/	222.642	*	365 / 4
=	33.8145					/	222.642	*	365 / 4
=	13.86

Priner Servicos Industriais Days Payable Related Terms

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Priner Servicos Industriais (BSP:PRNR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Priner Servicos Industriais SA (BSP:PRNR3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avendia Geremario Dantas, 1400, 2°. Piso - Freguesia Jacarepaguá, Rio de Janeiro, RJ, BRA, CEP 22.760-401

Website

http://www.priner.com.br

Priner Servicos Industriais SA provides diversified services like industrial painting, surface treatment, thermal insulation and pressurized habitat. Priner operates throughout Brazil providing services in the areas of Petrochemical, Pulp, and Paper, Steel, Offshore, Naval, and Mining.

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