CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Days Payable: 39.82 (As of Mar. 2026) — 33% Below Median


BSP:CGAS5 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS5
62 GF Score
Price R$123.93
GF Value R$86.47
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS Days Payable?

CIA de Gas deo Paulo - COMGAS BSP:CGAS5 -0.01% 62 Days Payable is 39.82 as of Mar. 2026, which is 33% below its 10-year median of 59.55. GuruFocus rates BSP:CGAS5 with a GF Score™ of 62/100 and a GF Value™ of R$86.47 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 481 Utilities - Regulated companies, CIA de Gas deo Paulo - COMGAS ranks worse than 78.59% on this metric.

CIA de Gas deo Paulo - COMGAS's average Accounts Payable for the three months ended in Mar. 2026 was R$586 Mil. CIA de Gas deo Paulo - COMGAS's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,343 Mil. Hence, CIA de Gas deo Paulo - COMGAS's Days Payable for the three months ended in Mar. 2026 was 39.82.

The historical rank and industry rank for CIA de Gas deo Paulo - COMGAS's Days Payable or its related term are showing as below:

BSP:CGAS5' s Days Payable Range Over the Past 10 Years
Min: 37.02   Med: 59.55   Max: 145.41
Current: 37.48

During the past 13 years, CIA de Gas deo Paulo - COMGAS's highest Days Payable was 145.41. The lowest was 37.02. And the median was 59.55.

BSP:CGAS5's Days Payable is ranked worse than
78.59% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs BSP:CGAS5: 37.48

CIA de Gas deo Paulo - COMGAS's Days Payable declined from Mar. 2025 (41.90) to Mar. 2026 (39.82). It may suggest that CIA de Gas deo Paulo - COMGAS accelerated paying its suppliers.


CIA de Gas deo Paulo - COMGAS Days Payable Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Days Payable Chart

CIA de Gas deo Paulo - COMGAS 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 57.32 42.75 43.72 37.02 40.64

CIA de Gas deo Paulo - COMGAS 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 41.90 37.60 37.02 36.68 39.82

BSP:CGAS5 vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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.


CIA de Gas deo Paulo - COMGAS Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Days Payable distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Days Payable falls into.


BSP:CGAS5
62GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS5
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Gas deo Paulo - COMGAS 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.

CIA de Gas deo Paulo - COMGAS'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
=( (1156.722 + 644.696) / 2 ) / 8089.763*365
=900.709 / 8089.763*365
=40.64

CIA de Gas deo Paulo - COMGAS'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
=( (644.696 + 527.354) / 2 ) / 1342.871*365 / 4
=586.025 / 1342.871*365 / 4
=39.82

* 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 39.82 mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) has a Days Payable of 39.82 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 CIA de Gas deo Paulo - COMGAS and its competitors. This is 33% below median its historical median of 59.55. Over the past decade, CIA de Gas deo Paulo - COMGAS's Days Payable has ranged from 37.02 to 145.41. According to the industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #378 out of 481 companies in the Utilities - Regulated industry, placing it in the top 78.6%.
Is CIA de Gas deo Paulo - COMGAS's Days Payable too high?
CIA de Gas deo Paulo - COMGAS's current Days Payable of 39.82 is 33% below median its 10-year median of 59.55. Over the past 10 years, this metric has ranged from a low of 37.02 to a high of 145.41. The Utilities - Regulated industry median Days Payable is 70.35. CIA de Gas deo Paulo - COMGAS's value of 39.82 is 43.4% below this industry median. Based on the distribution chart, CIA de Gas deo Paulo - COMGAS ranks #378 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #378 out of 481 companies for Days Payable. This places CIA de Gas deo Paulo - COMGAS in the lower half of its industry. The industry median Days Payable is 70.35. CIA de Gas deo Paulo - COMGAS's value of 39.82 is 43.4% below this benchmark. Historically, CIA de Gas deo Paulo - COMGAS's own Days Payable has ranged from 37.02 to 145.41 over the past decade. While the company's 10-year median is 59.55 vs. the industry median of 70.35, CIA de Gas deo Paulo - COMGAS 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 481 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. CIA de Gas deo Paulo - COMGAS's current Days Payable of 39.82 is 43.4% 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 CIA de Gas deo Paulo - COMGAS 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. CIA de Gas deo Paulo - COMGAS's current Days Payable is 39.82, which is 33% below median its own 10-year median of 59.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) is currently considered Significantly Overvalued. The stock's GF Value™ is R$86.47, compared to a current price of R$123.93 — trading 43.3% above its estimated fair value. The current Days Payable is 39.82, which is 33% below median its 10-year median of 59.55 and 43.4% below the Utilities - Regulated industry median of 70.35. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 62/100 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS5), the current Days Payable is 39.82 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$123.93 is trading 43.3% above its estimated GF Value™ of R$86.47. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS5:

  • Days Payable: 39.82 (33% below median its 10-year median of 59.55)
  • GF Value™: R$86.47 vs. price of R$123.93 (43.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 43.4% below the Utilities - Regulated median (#378 of 481)

No single metric tells the full story. See the BSP:CGAS5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS3:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
62GF Score

Get the complete analysis for BSP:CGAS5

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

R$123.93
Price
R$86.47
GF Value