Randon Implementos E Participacoes (BSP:RAPT3) Days Payable

: 51.57 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

Randon Implementos E Participacoes's average Accounts Payable for the three months ended in Dec. 2023 was R$1,115 Mil. Randon Implementos E Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,972 Mil. Hence, Randon Implementos E Participacoes's Days Payable for the three months ended in Dec. 2023 was 51.57.

The historical rank and industry rank for Randon Implementos E Participacoes's Days Payable or its related term are showing as below:

BSP:RAPT3' s Days Payable Range Over the Past 10 Years
Min: 21.98 Med: 39.17 Max: 59.92
Current: 50.26

During the past 13 years, Randon Implementos E Participacoes's highest Days Payable was 59.92. The lowest was 21.98. And the median was 39.17.

BSP:RAPT3's Days Payable is ranked worse than
74.63% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs BSP:RAPT3: 50.26

Randon Implementos E Participacoes's Days Payable declined from Dec. 2022 (51.99) to Dec. 2023 (51.57). It may suggest that Randon Implementos E Participacoes accelerated paying its suppliers.

Randon Implementos E Participacoes Days Payable Historical Data

The historical data trend for Randon Implementos E 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.

* Premium members only.

Randon Implementos E Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

36.10

56.17

49.00

51.37

59.92

Randon Implementos E 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																51.99	56.91	43.20	40.78	51.57

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Randon Implementos E 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.

Randon Implementos E Participacoes Days Payable Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Randon Implementos E Participacoes's Days Payable distribution charts can be found below:

* The bar in red indicates where Randon Implementos E Participacoes's Days Payable falls into.

Randon Implementos E 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.

Randon Implementos E 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
=	( (1452.777	+	1204.716)	/	2 )	/	8094.488	*	365
=	1328.7465					/	8094.488	*	365
=	59.92

Randon Implementos E 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
=	( (1024.524	+	1204.716)	/	2 )	/	1972.339	*	365 / 4
=	1114.62					/	1972.339	*	365 / 4
=	51.57

Randon Implementos E Participacoes Days Payable Related Terms

Thank you for viewing the detailed overview of Randon Implementos E Participacoes's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Randon Implementos E Participacoes (BSP:RAPT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Randon SA Implementos E Participacoes (BSP:RAPT3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RAPT4:Brazil

Address

Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010

Website

http://www.randon.com.br

Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT3) Headlines

No Headlines