Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV3) Days Payable: 48.64 (As of Dec. 2023)

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BSP:CRIV3 Financeira Alfa SA - Credito Financiamento e Investimentos BSP:CRIV3
4 GF Score
Price R$6.98
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What is Financeira Alfa - Credito Financiamento e Investimentos Days Payable?

Financeira Alfa - Credito Financiamento e Investimentos BSP:CRIV3 4 Days Payable is 48.64 as of Dec. 2023. GuruFocus rates BSP:CRIV3 with a GF Score™ of 4/100.

Financeira Alfa - Credito Financiamento e Investimentos's average Accounts Payable for the three months ended in Dec. 2023 was R$13 Mil. Financeira Alfa - Credito Financiamento e Investimentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$25 Mil. Hence, Financeira Alfa - Credito Financiamento e Investimentos's Days Payable for the three months ended in Dec. 2023 was 48.64.

The historical rank and industry rank for Financeira Alfa - Credito Financiamento e Investimentos's Days Payable or its related term are showing as below:

BSP:CRIV3's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 80.825
* Ranked among companies with meaningful Days Payable only.

Financeira Alfa - Credito Financiamento e Investimentos's Days Payable increased from Dec. 2022 (48.05) to Dec. 2023 (48.64). It may suggest that Financeira Alfa - Credito Financiamento e Investimentos delayed paying its suppliers.


Financeira Alfa - Credito Financiamento e Investimentos Days Payable Related Terms


Financeira Alfa - Credito Financiamento e Investimentos Days Payable Historical Data

* Premium members only.

The historical data trend for Financeira Alfa - Credito Financiamento e Investimentos'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.

Financeira Alfa - Credito Financiamento e Investimentos Days Payable Chart

Financeira Alfa - Credito Financiamento e Investimentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 55.43 49.47 50.67

Financeira Alfa - Credito Financiamento e Investimentos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 48.05 51.45 0.00 46.37 48.64

BSP:CRIV3 vs VOYA: Days Payable Comparison

For the Financial Conglomerates subindustry, Financeira Alfa - Credito Financiamento e Investimentos'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.


Financeira Alfa - Credito Financiamento e Investimentos Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Financeira Alfa - Credito Financiamento e Investimentos's Days Payable distribution charts can be found below:

* The bar in red indicates where Financeira Alfa - Credito Financiamento e Investimentos's Days Payable falls into.


BSP:CRIV3
4GF Score
Financeira Alfa SA - Credito Financiamento e Investimentos BSP:CRIV3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Financeira Alfa - Credito Financiamento e Investimentos 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.

Financeira Alfa - Credito Financiamento e Investimentos's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (12.413 + 14.06) / 2 ) / 95.353*365
=13.2365 / 95.353*365
=50.67

Financeira Alfa - Credito Financiamento e Investimentos's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (12.478 + 14.06) / 2 ) / 24.892*365 / 4
=13.269 / 24.892*365 / 4
=48.64

* 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 48.64 mean?
Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV3) has a Days Payable of 48.64 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Financeira Alfa - Credito Financiamento e Investimentos and its competitors.
Is Financeira Alfa - Credito Financiamento e Investimentos' Days Payable too high?
Financeira Alfa - Credito Financiamento e Investimentos' current Days Payable is 48.64. The Diversified Financial Services industry median Days Payable is 80.83. Financeira Alfa - Credito Financiamento e Investimentos' value of 48.64 is 39.8% below this industry median. Overall, Financeira Alfa - Credito Financiamento e Investimentos has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Financeira Alfa - Credito Financiamento e Investimentos' Days Payable compare to VOYA?
Financeira Alfa - Credito Financiamento e Investimentos' Days Payable of 48.64 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 80.83. Financeira Alfa - Credito Financiamento e Investimentos' value of 48.64 is 39.8% below this benchmark. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 80.83, based on 78 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. Financeira Alfa - Credito Financiamento e Investimentos's current Days Payable of 48.64 is 39.8% 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 Financeira Alfa - Credito Financiamento e Investimentos and its competitors. For the Diversified Financial Services industry, the median Days Payable is 80.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Financeira Alfa - Credito Financiamento e Investimentos's current Days Payable is 48.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Financeira Alfa - Credito Financiamento e Investimentos stock overvalued right now?
Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV3) has a current Days Payable of 48.64. The current Days Payable is 48.64 and 39.8% below the Diversified Financial Services industry median of 80.83. Financeira Alfa - Credito Financiamento e Investimentos' overall GF Score™ is 4/100. 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 Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV3), the current Days Payable is 48.64 as of Dec. 2023. 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.

Financeira Alfa - Credito Financiamento e Investimentos Business Description

Address Alameda Santos 466 - 4 Andar/parte, Sao Paulo, SP, BRA, 1418000
Financeira Alfa SA - Credito Financiamento e Investimentos is engaged in providing banking and financial services such as checking accounts, fundings, investment funds, insurance, pensions, and fixed income securities, among others.
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