Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) Days Payable: 53.36 (As of Mar. 2026) — Near Median

What is Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Days Payable?

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D BSP:CEED4 41 Days Payable is 53.36 as of Mar. 2026, which is 6% below its 10-year median of 56.60. GuruFocus rates BSP:CEED4 with a GF Score™ of 41/100 and a GF Value™ of R$44.25. The stock has 7 warning signs investors should review. Among 483 Utilities - Regulated companies, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D ranks better than 58.18% on this metric.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's average Accounts Payable for the three months ended in Mar. 2026 was R$785 Mil. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,343 Mil. Hence, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable for the three months ended in Mar. 2026 was 53.36.

The historical rank and industry rank for Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable or its related term are showing as below:

BSP:CEED4' s Days Payable Range Over the Past 10 Years
Min: 48.31 Med: 56.6 Max: 82.14
Current: 82.14

During the past 13 years, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's highest Days Payable was 82.14. The lowest was 48.31. And the median was 56.60.

BSP:CEED4's Days Payable is ranked better than
58.18% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs BSP:CEED4: 82.14

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable increased from Mar. 2025 (46.72) to Mar. 2026 (53.36). It may suggest that Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D delayed paying its suppliers.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Days Payable Related Terms

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Days Payable Historical Data

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The historical data trend for Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Days Payable Chart

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Days Payable

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53.60

54.86

58.34

51.48

48.31

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D 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															46.72	47.41	22.87	0.00	53.36

BSP:CEED4 vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable distribution charts can be found below:

* The bar in red indicates where Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable falls into.

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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D BSP:CEED4

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D 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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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
=	( (586.81	+	792.13)	/	2 )	/	5208.924	*	365
=	689.47					/	5208.924	*	365
=	48.31

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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
=	( (792.13	+	778.39)	/	2 )	/	1342.761	*	365 / 4
=	785.26					/	1342.761	*	365 / 4
=	53.36

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 53.36 mean?

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) has a Days Payable of 53.36 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 Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D and its competitors. This is near median its historical median of 56.60. Over the past decade, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable has ranged from 48.31 to 82.14. According to the industry distribution chart, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D ranks #202 out of 483 companies in the Utilities - Regulated industry, placing it in the top 41.8%.

Is Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable too high?

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's current Days Payable of 53.36 is near median its 10-year median of 56.60. Over the past 10 years, this metric has ranged from a low of 48.31 to a high of 82.14. The Utilities - Regulated industry median Days Payable is 70.35. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's value of 53.36 is 24.2% below this industry median. Based on the distribution chart, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D ranks #202 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.

How does Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Days Payable compare to NEE and SO?

According to the Utilities - Regulated industry distribution chart, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D ranks #202 out of 483 companies for Days Payable. This puts Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D in the upper half of its industry. The industry median Days Payable is 70.35. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's value of 53.36 is 24.2% below this benchmark. Historically, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's own Days Payable has ranged from 48.31 to 82.14 over the past decade. While the company's 10-year median is 56.60 vs. the industry median of 70.35, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D 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 an Utilities - Regulated company?

The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's current Days Payable of 53.36 is 24.2% 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 Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's current Days Payable is 53.36, which is near median its own 10-year median of 56.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D stock overvalued right now?

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) has a current Days Payable of 53.36. The stock's GF Value™ is R$44.25, compared to a current price of R$20.00 — trading 54.8% below its estimated fair value. The current Days Payable is 53.36, which is near median its 10-year median of 56.60 and 24.2% below the Utilities - Regulated industry median of 70.35. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's overall GF Score™ is 41/100 with 7 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 Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4), the current Days Payable is 53.36 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 Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D stock appears to be undervalued. The current stock price of R$20.00 is trading 54.8% below its estimated GF Value™ of R$44.25.

Key valuation signals for BSP:CEED4:

Days Payable: 53.36 (near median its 10-year median of 56.60)
GF Value™: R$44.25 vs. price of R$20.00 (54.8% below fair value)
GF Score™: 41/100 with 7 warning signs
Industry Position: 24.2% below the Utilities - Regulated median (#202 of 483)

No single metric tells the full story. See the BSP:CEED4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Business Description

Industry Utilities Utilities - Regulated

Comparable Companies BSP:AFLT3 BSP:GPAR3 BSP:CEBR3 NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED WEC PCG BOM:532555 AEE DTE

Other Exchanges CEED3:Brazil

Address Av Joaquim Porto Villanova 201, Predio A1/s, Porto Alegre, RS, BRA, 91410400

Website http://www.ceee.com.br

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D generates, distributes, and sells electricity to residential, commercial and industrial clients in the south-east of Rio Grande do Sul, Brazil.

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

R$20.00

Price

R$44.25

GF Value

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