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Equatorial MaranhaoDistribuidora de Energia SA BSP:EQMA3B
Equatorial MaranhaoDistribuidora de Energia BSP:EQMA3B 81 Days Payable is 52.33 as of Mar. 2026, which is 3% below its 10-year median of 53.81. GuruFocus rates BSP:EQMA3B with a GF Score™ of 81/100 and a GF Value™ of R$34.01 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 482 Utilities - Regulated companies, Equatorial MaranhaoDistribuidora de Energia ranks worse than 68.88% on this metric.
Equatorial MaranhaoDistribuidora de Energia's average Accounts Payable for the three months ended in Mar. 2026 was R$632 Mil. Equatorial MaranhaoDistribuidora de Energia's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,103 Mil. Hence, Equatorial MaranhaoDistribuidora de Energia's Days Payable for the three months ended in Mar. 2026 was 52.33.
The historical rank and industry rank for Equatorial MaranhaoDistribuidora de Energia's Days Payable or its related term are showing as below:
During the past 13 years, Equatorial MaranhaoDistribuidora de Energia's highest Days Payable was 62.32. The lowest was 46.42. And the median was 53.81.
Equatorial MaranhaoDistribuidora de Energia's Days Payable increased from Mar. 2025 (49.10) to Mar. 2026 (52.33). It may suggest that Equatorial MaranhaoDistribuidora de Energia delayed paying its suppliers.
The historical data trend for Equatorial MaranhaoDistribuidora de 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.
| Equatorial MaranhaoDistribuidora de Energia Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Days Payable | Get a 7-Day Free Trial |
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59.65 | 60.38 | 51.61 | 49.63 | 48.79 | |||||||||||||
| Equatorial MaranhaoDistribuidora de 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 |
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49.10 | 45.81 | 45.31 | 48.17 | 52.33 | ||
For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de 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.
For the Utilities - Regulated industry and Utilities sector, Equatorial MaranhaoDistribuidora de Energia's Days Payable distribution charts can be found below:
* The bar in red indicates where Equatorial MaranhaoDistribuidora de Energia's Days Payable falls into.
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.
Equatorial MaranhaoDistribuidora de 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 |
| = | ( (607.699 | + | 699.491) | / | 2 ) | / | 4889.581 | * | 365 |
| = | 653.595 | / | 4889.581 | * | 365 | ||||
| = | 48.79 |
Equatorial MaranhaoDistribuidora de 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 |
| = | ( (699.491 | + | 565.45) | / | 2 ) | / | 1102.861 | * | 365 / 4 |
| = | 632.4705 | / | 1102.861 | * | 365 / 4 | ||||
| = | 52.33 |
* 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.
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued. The current stock price of R$30.00 is trading 11.8% below its estimated GF Value™ of R$34.01. GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQMA3B:
No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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