Metalurgica Riosulense (BSP:RSUL4) Days Payable : 30.89 (As of Dec. 2023)

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What is Metalurgica Riosulense Days Payable?

Metalurgica Riosulense's average Accounts Payable for the three months ended in Dec. 2023 was R$15.8 Mil. Metalurgica Riosulense's Cost of Goods Sold for the three months ended in Dec. 2023 was R$46.7 Mil. Hence, Metalurgica Riosulense's Days Payable for the three months ended in Dec. 2023 was 30.89.

The historical rank and industry rank for Metalurgica Riosulense's Days Payable or its related term are showing as below:

BSP:RSUL4' s Days Payable Range Over the Past 10 Years
Min: 20.67 Med: 29.51 Max: 45.63
Current: 30.8

During the past 13 years, Metalurgica Riosulense's highest Days Payable was 45.63. The lowest was 20.67. And the median was 29.51.

BSP:RSUL4's Days Payable is ranked worse than
84.3% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs BSP:RSUL4: 30.80

Metalurgica Riosulense's Days Payable declined from Dec. 2022 (32.99) to Dec. 2023 (30.89). It may suggest that Metalurgica Riosulense accelerated paying its suppliers.

Metalurgica Riosulense Days Payable Historical Data

The historical data trend for Metalurgica Riosulense'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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Metalurgica Riosulense Days Payable Chart

Metalurgica Riosulense Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.67

26.50

28.24

27.53

32.13

Metalurgica Riosulense 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															32.99	32.51	29.80	28.79	30.89

Competitive Comparison of Metalurgica Riosulense's Days Payable

For the Auto Parts subindustry, Metalurgica Riosulense'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.

Metalurgica Riosulense's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Metalurgica Riosulense's Days Payable distribution charts can be found below:

* The bar in red indicates where Metalurgica Riosulense's Days Payable falls into.

Metalurgica Riosulense 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.

Metalurgica Riosulense'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
=	( (18.234	+	15.958)	/	2 )	/	194.204	*	365
=	17.096					/	194.204	*	365
=	32.13

Metalurgica Riosulense'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
=	( (15.673	+	15.958)	/	2 )	/	46.722	*	365 / 4
=	15.8155					/	46.722	*	365 / 4
=	30.89

Metalurgica Riosulense Days Payable Related Terms

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Metalurgica Riosulense (BSP:RSUL4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Metalurgica Riosulense SA (BSP:RSUL4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

R Emilio Adami 700 - Barra Do Trombudo, Rio Do Sul, SC, BRA, 89160000

Website

https://www.rio.riosulense.com.br

Metalurgica Riosulense SA manufactures auto parts & components such as valve guides, valve seats, mechanical valve tappets & alloys cast parts. Its products include bearing, rocker arms, piston rings, camshaft, adapters, bearing covers, & among others.

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