Bermas (BSE:BRM) Days Payable: 72.23 (As of Mar. 2026) — 117% Above Median

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BSE:BRM Bermas SA BSE:BRM
72 GF Score
Price lei2.40
GF Value lei3.04
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Bermas Days Payable?

Bermas BSE:BRM 72 Days Payable is 72.23 as of Mar. 2026, which is 117% above its 10-year median of 33.29. GuruFocus rates BSE:BRM with a GF Score™ of 72/100 and a GF Value™ of lei3.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 200 Beverages - Alcoholic companies, Bermas ranks worse than 68% on this metric.

Bermas's average Accounts Payable for the three months ended in Mar. 2026 was lei1.76 Mil. Bermas's Cost of Goods Sold for the three months ended in Mar. 2026 was lei2.22 Mil. Hence, Bermas's Days Payable for the three months ended in Mar. 2026 was 72.23.

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

BSE:BRM' s Days Payable Range Over the Past 10 Years
Min: 26   Med: 33.29   Max: 64.78
Current: 57.4

During the past 13 years, Bermas's highest Days Payable was 64.78. The lowest was 26.00. And the median was 33.29.

BSE:BRM's Days Payable is ranked worse than
68% of 200 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs BSE:BRM: 57.40

Bermas's Days Payable increased from Mar. 2025 (47.29) to Mar. 2026 (72.23). It may suggest that Bermas delayed paying its suppliers.


Bermas Days Payable Historical Data

* Premium members only.

The historical data trend for Bermas'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.

Bermas Days Payable Chart

Bermas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.51 34.07 39.55 27.82 44.37

Bermas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.29 43.30 35.44 0.00 72.23

BSE:BRM vs BUD, STZ, TAP: Days Payable Comparison

For the Beverages - Brewers subindustry, Bermas'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.


Bermas Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Bermas's Days Payable distribution charts can be found below:

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


BSE:BRM
72GF Score
Bermas SA BSE:BRM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bermas 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.

Bermas's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.889 + 1.828) / 2 ) / 11.175*365
=1.3585 / 11.175*365
=44.37

Bermas's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1.828 + 1.688) / 2 ) / 2.221*365 / 4
=1.758 / 2.221*365 / 4
=72.23

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 72.23 mean?
Bermas (BSE:BRM) has a Days Payable of 72.23 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bermas and its competitors. This is 117% above median its historical median of 33.29. Over the past decade, Bermas' Days Payable has ranged from 26.00 to 64.78. According to the industry distribution chart, Bermas ranks #136 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 68%.
Is Bermas' Days Payable too high?
Bermas' current Days Payable of 72.23 is 117% above median its 10-year median of 33.29. Over the past 10 years, this metric has ranged from a low of 26.00 to a high of 64.78. The Beverages - Alcoholic industry median Days Payable is 82.04. Bermas' value of 72.23 is 12% below this industry median. Based on the distribution chart, Bermas ranks #136 out of 200 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Bermas has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bermas' Days Payable compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Bermas ranks #136 out of 200 companies for Days Payable. This places Bermas in the lower half of its industry. The industry median Days Payable is 82.04. Bermas' value of 72.23 is 12% below this benchmark. Historically, Bermas' own Days Payable has ranged from 26.00 to 64.78 over the past decade. While the company's 10-year median is 33.29 vs. the industry median of 82.04, Bermas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 200 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bermas's current Days Payable of 72.23 is 12% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bermas and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bermas's current Days Payable is 72.23, which is 117% above median its own 10-year median of 33.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bermas stock overvalued right now?
Based on GuruFocus' analysis, Bermas (BSE:BRM) is currently considered Modestly Undervalued. The stock's GF Value™ is lei3.04, compared to a current price of lei2.40 — trading 21.1% below its estimated fair value. The current Days Payable is 72.23, which is 117% above median its 10-year median of 33.29 and 12% below the Beverages - Alcoholic industry median of 82.04. Bermas' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bermas (BSE:BRM), the current Days Payable is 72.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bermas (BSE:BRM) Overvalued in 2026?

Based on GuruFocus' analysis, Bermas stock appears to be undervalued. The current stock price of lei2.40 is trading 21.1% below its estimated GF Value™ of lei3.04. GuruFocus considers Bermas to be Modestly Undervalued.

Key valuation signals for BSE:BRM:

  • Days Payable: 72.23 (117% above median its 10-year median of 33.29)
  • GF Value™: lei3.04 vs. price of lei2.40 (21.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 12% below the Beverages - Alcoholic median (#136 of 200)

No single metric tells the full story. See the BSE:BRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bermas Business Description

Address Strada Humorului nr. 61, Scheia, Suceava, ROU, 723636
Bermas SA is a company whose activity consists of the production and marketing of beer, malt, and other alcoholic and soft drinks, as well as derivatives and by-products resulting from manufacturing and services rendered to third parties. Its product portfolio comprises Suceava Clasic, Bere Calimani, Bere Bermas, and Bere Solca.
72GF Score

Get the complete analysis for BSE:BRM

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

lei2.40
Price
lei3.04
GF Value