AlpargatasBSP:ALPA3 -1.03%72 Days Payable is 70.66 as of Mar. 2026, which is 21% below its 10-year median of 88.90. GuruFocus rates BSP:ALPA3 with a GF Score™ of 72/100 and a GF Value™ of R$8.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Alpargatas ranks better than 64.54% on this metric.
Alpargatas's average Accounts Payable for the
three
months ended in Mar. 2026 was R$451 Mil. Alpargatas's Cost of Goods Sold for the
three
months ended in Mar. 2026 was R$583 Mil.
Hence, Alpargatas's Days Payable for the
three
months ended in Mar. 2026 was 70.66.
The historical rank and industry rank for Alpargatas's Days Payable or its related term are showing as below:
BSP:ALPA3'
s Days Payable Range Over the Past 10 Years
Min: 66.45 Med: 88.9 Max: 108.78
Current: 72.69
During the past 13 years, Alpargatas's highest Days Payable was 108.78. The lowest was 66.45. And the median was 88.90.
BSP:ALPA3's Days Payable is ranked better than 64.54% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs BSP:ALPA3: 72.69
Alpargatas's Days Payable
declined
from Mar. 2025 (76.93) to Mar. 2026 (70.66).
It may suggest that Alpargatasaccelerated paying its suppliers.
Alpargatas Days Payable Related Terms
Alpargatas Days Payable Historical Data
* Premium members only.
The historical data trend for Alpargatas'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.
BSP:ALPA3 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Alpargatas'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.
Alpargatas Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alpargatas's Days Payable distribution charts can be found below:
* The bar in red indicates where Alpargatas's Days Payable falls into.
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.
Alpargatas's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Alpargatas (BSP:ALPA3) has a Days Payable of 70.66 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 Alpargatas and its competitors. This is 21% below median its historical median of 88.90. Over the past decade, Alpargatas' Days Payable has ranged from 66.45 to 108.78. According to the industry distribution chart, Alpargatas ranks #361 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.5%.
Is Alpargatas' Days Payable too high?
Alpargatas' current Days Payable of 70.66 is 21% below median its 10-year median of 88.90. Over the past 10 years, this metric has ranged from a low of 66.45 to a high of 108.78. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Alpargatas' value of 70.66 is 30.7% above this industry median. Based on the distribution chart, Alpargatas ranks #361 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Alpargatas has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpargatas' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Alpargatas ranks #361 out of 1018 companies for Days Payable. This puts Alpargatas in the upper half of its industry. The industry median Days Payable is 54.05. Alpargatas' value of 70.66 is 30.7% above this benchmark. Historically, Alpargatas' own Days Payable has ranged from 66.45 to 108.78 over the past decade. While the company's 10-year median is 88.90 vs. the industry median of 54.05, Alpargatas has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,018 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. Alpargatas's current Days Payable of 70.66 is 30.7% above 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 Alpargatas and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpargatas's current Days Payable is 70.66, which is 21% below median its own 10-year median of 88.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpargatas stock overvalued right now?
Based on GuruFocus' analysis, Alpargatas (BSP:ALPA3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$8.21, compared to a current price of R$9.65 — trading 17.5% above its estimated fair value. The current Days Payable is 70.66, which is 21% below median its 10-year median of 88.90 and 30.7% above the Manufacturing - Apparel & Accessories industry median of 54.05. Alpargatas' 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 Alpargatas (BSP:ALPA3), the current Days Payable is 70.66 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 Alpargatas (BSP:ALPA3) Overvalued in 2026?
Based on GuruFocus' analysis, Alpargatas stock appears to be overvalued.
The current stock price of R$9.65 is trading 17.5% above its estimated GF Value™ of R$8.21.
GuruFocus considers Alpargatas to be Modestly Overvalued.
Key valuation signals for BSP:ALPA3:
Days Payable: 70.66 (21% below median its 10-year median of 88.90)
GF Value™: R$8.21 vs. price of R$9.65 (17.5% above fair value)
Industry Position: 30.7% above the Manufacturing - Apparel & Accessories median (#361 of 1018)
No single metric tells the full story. See the BSP:ALPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.
72GF Score
Get the complete analysis for BSP:ALPA3
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:ALPA3 has been successfully added to your 
