CPFL Energia (BSP:CPFE3) Days Payable: 55.01 (As of Mar. 2026) — Near Median

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BSP:CPFE3 CPFL Energia SA BSP:CPFE3
76 GF Score
Price R$47.20
GF Value R$38.15
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CPFL Energia Days Payable?

CPFL Energia BSP:CPFE3 +0.77% 76 Days Payable is 55.01 as of Mar. 2026, which is 1% above its 10-year median of 54.40. GuruFocus rates BSP:CPFE3 with a GF Score™ of 76/100 and a GF Value™ of R$38.15 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 482 Utilities - Regulated companies, CPFL Energia ranks worse than 64.32% on this metric.

CPFL Energia's average Accounts Payable for the three months ended in Mar. 2026 was R$4,489 Mil. CPFL Energia's Cost of Goods Sold for the three months ended in Mar. 2026 was R$7,447 Mil. Hence, CPFL Energia's Days Payable for the three months ended in Mar. 2026 was 55.01.

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

BSP:CPFE3' s Days Payable Range Over the Past 10 Years
Min: 45.84   Med: 54.4   Max: 74.17
Current: 51.02

During the past 13 years, CPFL Energia's highest Days Payable was 74.17. The lowest was 45.84. And the median was 54.40.

BSP:CPFE3's Days Payable is ranked worse than
64.32% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs BSP:CPFE3: 51.02

CPFL Energia's Days Payable declined from Mar. 2025 (56.93) to Mar. 2026 (55.01). It may suggest that CPFL Energia accelerated paying its suppliers.


CPFL Energia Days Payable Historical Data

* Premium members only.

The historical data trend for CPFL 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.

CPFL Energia Days Payable Chart

CPFL 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 52.39 54.04 54.75 55.11 58.09

CPFL 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 56.93 46.97 50.27 56.79 55.01

BSP:CPFE3 vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, CPFL 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.


CPFL Energia Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CPFL Energia's Days Payable distribution charts can be found below:

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


BSP:CPFE3
76GF Score
CPFL Energia SA BSP:CPFE3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CPFL 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.

CPFL 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
=( (4604.178 + 5021.956) / 2 ) / 30243.584*365
=4813.067 / 30243.584*365
=58.09

CPFL 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
=( (5021.956 + 3956.805) / 2 ) / 7446.982*365 / 4
=4489.3805 / 7446.982*365 / 4
=55.01

* 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 55.01 mean?
CPFL Energia (BSP:CPFE3) has a Days Payable of 55.01 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 CPFL Energia and its competitors. This is near median its historical median of 54.40. Over the past decade, CPFL Energia's Days Payable has ranged from 45.84 to 74.17. According to the industry distribution chart, CPFL Energia ranks #310 out of 482 companies in the Utilities - Regulated industry, placing it in the top 64.3%.
Is CPFL Energia's Days Payable too high?
CPFL Energia's current Days Payable of 55.01 is near median its 10-year median of 54.40. Over the past 10 years, this metric has ranged from a low of 45.84 to a high of 74.17. The Utilities - Regulated industry median Days Payable is 70.11. CPFL Energia's value of 55.01 is 21.5% below this industry median. Based on the distribution chart, CPFL Energia ranks #310 out of 482 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CPFL Energia has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPFL Energia's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CPFL Energia ranks #310 out of 482 companies for Days Payable. This places CPFL Energia in the lower half of its industry. The industry median Days Payable is 70.11. CPFL Energia's value of 55.01 is 21.5% below this benchmark. Historically, CPFL Energia's own Days Payable has ranged from 45.84 to 74.17 over the past decade. While the company's 10-year median is 54.40 vs. the industry median of 70.11, CPFL Energia 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 70.11, based on 482 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. CPFL Energia's current Days Payable of 55.01 is 21.5% 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 CPFL Energia and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPFL Energia's current Days Payable is 55.01, which is near median its own 10-year median of 54.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPFL Energia stock overvalued right now?
Based on GuruFocus' analysis, CPFL Energia (BSP:CPFE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$38.15, compared to a current price of R$47.20 — trading 23.7% above its estimated fair value. The current Days Payable is 55.01, which is near median its 10-year median of 54.40 and 21.5% below the Utilities - Regulated industry median of 70.11. CPFL Energia's overall GF Score™ is 76/100 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 CPFL Energia (BSP:CPFE3), the current Days Payable is 55.01 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 CPFL Energia (BSP:CPFE3) Overvalued in 2026?

Based on GuruFocus' analysis, CPFL Energia stock appears to be overvalued. The current stock price of R$47.20 is trading 23.7% above its estimated GF Value™ of R$38.15. GuruFocus considers CPFL Energia to be Modestly Overvalued.

Key valuation signals for BSP:CPFE3:

  • Days Payable: 55.01 (near median its 10-year median of 54.40)
  • GF Value™: R$38.15 vs. price of R$47.20 (23.7% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 21.5% below the Utilities - Regulated median (#310 of 482)

No single metric tells the full story. See the BSP:CPFE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPFL Energia Business Description

Address Rua Jorge Figueiredo Correa, No. 1632, Jardim Professora Tarcilia, Campinas, Sao Paulo, SP, BRA, 13087-397
CPFL Energia SA operates as a holding company. Along with its subsidiaries, the company is engaged in distribution, generation, transmission and commercialization activities of electric energy in Brazil. It also provides energy-related services through its solutions division, including energy management and trading, energy efficiency services, distributed generation, energy infrastructure development, and consulting services. The company's operating segments are (i) electric energy distribution activities, (ii) electric energy generation, (iii) electric energy transmission, (iv) energy commercialization, (v) service activities, and (vi) other activities not listed in the previous items. The majority of the company's revenue is derived from the electric energy distribution segment.
76GF Score

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

R$47.20
Price
R$38.15
GF Value