Direcional Engenharia (BSP:DIRR3) Days Payable: 39.65 (As of Mar. 2026) — Near Median


BSP:DIRR3 Direcional Engenharia SA BSP:DIRR3
90 GF Score
Price R$14.20
GF Value R$15.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Direcional Engenharia Days Payable?

Direcional Engenharia BSP:DIRR3 +2.68% 90 Days Payable is 39.65 as of Mar. 2026, which is 4% below its 10-year median of 41.25. GuruFocus rates BSP:DIRR3 with a GF Score™ of 90/100 and a GF Value™ of R$15.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Direcional Engenharia ranks worse than 74.98% on this metric.

Direcional Engenharia's average Accounts Payable for the three months ended in Mar. 2026 was R$300 Mil. Direcional Engenharia's Cost of Goods Sold for the three months ended in Mar. 2026 was R$691 Mil. Hence, Direcional Engenharia's Days Payable for the three months ended in Mar. 2026 was 39.65.

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

BSP:DIRR3' s Days Payable Range Over the Past 10 Years
Min: 24.03   Med: 41.25   Max: 60.32
Current: 41.36

During the past 13 years, Direcional Engenharia's highest Days Payable was 60.32. The lowest was 24.03. And the median was 41.25.

BSP:DIRR3's Days Payable is ranked worse than
74.98% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs BSP:DIRR3: 41.36

Direcional Engenharia's Days Payable declined from Mar. 2025 (51.96) to Mar. 2026 (39.65). It may suggest that Direcional Engenharia accelerated paying its suppliers.


Direcional Engenharia Days Payable Historical Data

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The historical data trend for Direcional Engenharia'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.

Direcional Engenharia Days Payable Chart

Direcional Engenharia 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 38.99 49.92 60.32 51.99 45.72

Direcional Engenharia 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 51.96 45.64 44.06 40.15 39.65

Direcional Engenharia Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Direcional Engenharia'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.


Direcional Engenharia Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Direcional Engenharia's Days Payable distribution charts can be found below:

* The bar in red indicates where Direcional Engenharia's Days Payable falls into.


BSP:DIRR3
90GF Score
Direcional Engenharia SA BSP:DIRR3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Direcional Engenharia 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.

Direcional Engenharia'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
=( (330.472 + 326.005) / 2 ) / 2620.591*365
=328.2385 / 2620.591*365
=45.72

Direcional Engenharia'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
=( (326.005 + 274.597) / 2 ) / 691.115*365 / 4
=300.301 / 691.115*365 / 4
=39.65

* 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 39.65 mean?
Direcional Engenharia (BSP:DIRR3) has a Days Payable of 39.65 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 Direcional Engenharia and its competitors. This is near median its historical median of 41.25. Over the past decade, Direcional Engenharia's Days Payable has ranged from 24.03 to 60.32. According to the industry distribution chart, Direcional Engenharia ranks #1178 out of 1571 companies in the Real Estate industry, placing it in the top 75%.
Is Direcional Engenharia's Days Payable too high?
Direcional Engenharia's current Days Payable of 39.65 is near median its 10-year median of 41.25. Over the past 10 years, this metric has ranged from a low of 24.03 to a high of 60.32. The Real Estate industry median Days Payable is 94.38. Direcional Engenharia's value of 39.65 is 58% below this industry median. Based on the distribution chart, Direcional Engenharia ranks #1178 out of 1571 companies in the Real Estate industry, which is below the industry midpoint. Overall, Direcional Engenharia has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Direcional Engenharia's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Direcional Engenharia ranks #1178 out of 1571 companies for Days Payable. This places Direcional Engenharia in the lower half of its industry. The industry median Days Payable is 94.38. Direcional Engenharia's value of 39.65 is 58% below this benchmark. Historically, Direcional Engenharia's own Days Payable has ranged from 24.03 to 60.32 over the past decade. While the company's 10-year median is 41.25 vs. the industry median of 94.38, Direcional Engenharia 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 a Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. Direcional Engenharia's current Days Payable of 39.65 is 58% 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 Direcional Engenharia and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Direcional Engenharia's current Days Payable is 39.65, which is near median its own 10-year median of 41.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Direcional Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Direcional Engenharia (BSP:DIRR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$15.80, compared to a current price of R$14.20 — trading 10.1% below its estimated fair value. The current Days Payable is 39.65, which is near median its 10-year median of 41.25 and 58% below the Real Estate industry median of 94.38. Direcional Engenharia's overall GF Score™ is 90/100 with 4 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 Direcional Engenharia (BSP:DIRR3), the current Days Payable is 39.65 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 Direcional Engenharia (BSP:DIRR3) Overvalued in 2026?

Based on GuruFocus' analysis, Direcional Engenharia stock appears to be undervalued. The current stock price of R$14.20 is trading 10.1% below its estimated GF Value™ of R$15.80. GuruFocus considers Direcional Engenharia to be Modestly Undervalued.

Key valuation signals for BSP:DIRR3:

  • Days Payable: 39.65 (near median its 10-year median of 41.25)
  • GF Value™: R$15.80 vs. price of R$14.20 (10.1% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 58% below the Real Estate median (#1178 of 1571)

No single metric tells the full story. See the BSP:DIRR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Direcional Engenharia Business Description

Address Rua dos Otoni, 177, Bairro Santa Efigenia, Belo Horizonte, MG, BRA, 30150-270
Direcional Engenharia SA is a real estate development and construction company. It focuses on the development of large-scale residential housing targeting the low-income segment, particularly in the North and Mid-West regions of Brazil. Geographically, the business presence of the firm are seen in the states of Rio de Janeiro, Sao Paulo, the Rio Grande do Sul, Minas Gerais, Para, and Amazonas, among others.
90GF Score

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

R$14.20
Price
R$15.80
GF Value