Brava Energia (BSP:BRAV3) Days Payable: 68.40 (As of Mar. 2026) — Near Median


BSP:BRAV3 Brava Energia SA BSP:BRAV3
66 GF Score
Price R$19.21
GF Value R$20.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Brava Energia Days Payable?

Brava Energia BSP:BRAV3 -0.05% 66 Days Payable is 68.40 as of Mar. 2026, which is 7% below its 10-year median of 73.81. GuruFocus rates BSP:BRAV3 with a GF Score™ of 66/100 and a GF Value™ of R$20.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 854 Oil & Gas companies, Brava Energia ranks better than 56.67% on this metric.

Brava Energia's average Accounts Payable for the three months ended in Mar. 2026 was R$1,501 Mil. Brava Energia's Cost of Goods Sold for the three months ended in Mar. 2026 was R$2,002 Mil. Hence, Brava Energia's Days Payable for the three months ended in Mar. 2026 was 68.40.

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

BSP:BRAV3' s Days Payable Range Over the Past 10 Years
Min: 39.89   Med: 73.81   Max: 127.16
Current: 72.86

During the past 10 years, Brava Energia's highest Days Payable was 127.16. The lowest was 39.89. And the median was 73.81.

BSP:BRAV3's Days Payable is ranked better than
56.67% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs BSP:BRAV3: 72.86

Brava Energia's Days Payable declined from Mar. 2025 (112.69) to Mar. 2026 (68.40). It may suggest that Brava Energia accelerated paying its suppliers.


Brava Energia Days Payable Historical Data

* Premium members only.

The historical data trend for Brava Energia'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.

Brava Energia Days Payable Chart

Brava Energia 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 43.44 65.59 73.81 106.06 82.53

Brava Energia 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 112.69 92.84 66.74 54.36 68.40

BSP:BRAV3 vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Brava Energia'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.


Brava Energia Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brava Energia's Days Payable distribution charts can be found below:

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


BSP:BRAV3
66GF Score
Brava Energia SA BSP:BRAV3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Brava Energia 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.

Brava Energia'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
=( (2402.869 + 1450.081) / 2 ) / 8520.457*365
=1926.475 / 8520.457*365
=82.53

Brava Energia'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
=( (1450.081 + 1551.605) / 2 ) / 2002.173*365 / 4
=1500.843 / 2002.173*365 / 4
=68.40

* 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 68.40 mean?
Brava Energia (BSP:BRAV3) has a Days Payable of 68.40 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 Brava Energia and its competitors. This is near median its historical median of 73.81. Over the past decade, Brava Energia's Days Payable has ranged from 39.89 to 127.16. According to the industry distribution chart, Brava Energia ranks #370 out of 854 companies in the Oil & Gas industry, placing it in the top 43.3%.
Is Brava Energia's Days Payable too high?
Brava Energia's current Days Payable of 68.40 is near median its 10-year median of 73.81. Over the past 10 years, this metric has ranged from a low of 39.89 to a high of 127.16. The Oil & Gas industry median Days Payable is 57.15. Brava Energia's value of 68.40 is 19.7% above this industry median. Based on the distribution chart, Brava Energia ranks #370 out of 854 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Brava Energia has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brava Energia's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Brava Energia ranks #370 out of 854 companies for Days Payable. This puts Brava Energia in the upper half of its industry. The industry median Days Payable is 57.15. Brava Energia's value of 68.40 is 19.7% above this benchmark. Historically, Brava Energia's own Days Payable has ranged from 39.89 to 127.16 over the past decade. While the company's 10-year median is 73.81 vs. the industry median of 57.15, Brava Energia 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 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. Brava Energia's current Days Payable of 68.40 is 19.7% 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 Brava Energia and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brava Energia's current Days Payable is 68.40, which is near median its own 10-year median of 73.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brava Energia stock overvalued right now?
Based on GuruFocus' analysis, Brava Energia (BSP:BRAV3) is currently considered Fairly Valued. The stock's GF Value™ is R$20.34, compared to a current price of R$19.21 — trading 5.6% below its estimated fair value. The current Days Payable is 68.40, which is near median its 10-year median of 73.81 and 19.7% above the Oil & Gas industry median of 57.15. Brava Energia's overall GF Score™ is 66/100 with 8 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 Brava Energia (BSP:BRAV3), the current Days Payable is 68.40 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 Brava Energia (BSP:BRAV3) Overvalued in 2026?

Based on GuruFocus' analysis, Brava Energia stock appears to be undervalued. The current stock price of R$19.21 is trading 5.6% below its estimated GF Value™ of R$20.34. GuruFocus considers Brava Energia to be Fairly Valued.

Key valuation signals for BSP:BRAV3:

  • Days Payable: 68.40 (near median its 10-year median of 73.81)
  • GF Value™: R$20.34 vs. price of R$19.21 (5.6% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 19.7% above the Oil & Gas median (#370 of 854)

No single metric tells the full story. See the BSP:BRAV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brava Energia Business Description

Industry EnergyOil & Gas
Other Exchanges BVENY:USA
Address Praia de Botafogo, 186, 16th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Brava Energia SA is engaged in the oil and gas sector with a focus on the redevelopment of mature production fields located onshore, in shallow waters, and offshore. The company operates in the following business segments: Exploration and Production (E&P), Mid and Downstream, and Corporate and other businesses. Maximum revenue is generated from the Exploration and Production segment, which includes oil and gas exploration and production activities in Brazil, including production development. This segment generates revenue mainly from the sale of oil and gas. The Mid and Downstream segment includes the activities of refining, logistics, transportation, acquisition, and export of crude oil, as well as the purchase and sale of oil and gas derivatives in Brazil.
66GF Score

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

R$19.21
Price
R$20.34
GF Value