EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) Days Payable: 36.54 (As of Mar. 2026) — 16% Below Median


BSP:EZTC3 EZ TEC Empreendimentos e Participacoes SA BSP:EZTC3
89 GF Score
Price R$13.15
GF Value R$14.56
Valuation Modestly Undervalued
! 6 Warning Signs
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What is EZ TEC Empreendimentos e Participacoes Days Payable?

EZ TEC Empreendimentos e Participacoes BSP:EZTC3 +3.38% 89 Days Payable is 36.54 as of Mar. 2026, which is 16% below its 10-year median of 43.42. GuruFocus rates BSP:EZTC3 with a GF Score™ of 89/100 and a GF Value™ of R$14.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, EZ TEC Empreendimentos e Participacoes ranks worse than 80.42% on this metric.

EZ TEC Empreendimentos e Participacoes's average Accounts Payable for the three months ended in Mar. 2026 was R$79 Mil. EZ TEC Empreendimentos e Participacoes's Cost of Goods Sold for the three months ended in Mar. 2026 was R$198 Mil. Hence, EZ TEC Empreendimentos e Participacoes's Days Payable for the three months ended in Mar. 2026 was 36.54.

The historical rank and industry rank for EZ TEC Empreendimentos e Participacoes's Days Payable or its related term are showing as below:

BSP:EZTC3' s Days Payable Range Over the Past 10 Years
Min: 27.64   Med: 43.42   Max: 88.84
Current: 31.26

During the past 13 years, EZ TEC Empreendimentos e Participacoes's highest Days Payable was 88.84. The lowest was 27.64. And the median was 43.42.

BSP:EZTC3's Days Payable is ranked worse than
80.42% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs BSP:EZTC3: 31.26

EZ TEC Empreendimentos e Participacoes's Days Payable increased from Mar. 2025 (32.61) to Mar. 2026 (36.54). It may suggest that EZ TEC Empreendimentos e Participacoes delayed paying its suppliers.


EZ TEC Empreendimentos e Participacoes Days Payable Related Terms


EZ TEC Empreendimentos e Participacoes Days Payable Historical Data

* Premium members only.

The historical data trend for EZ TEC Empreendimentos e Participacoes'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.

EZ TEC Empreendimentos e Participacoes Days Payable Chart

EZ TEC Empreendimentos e Participacoes 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 54.85 42.60 44.31 27.64 30.06

EZ TEC Empreendimentos e Participacoes 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 32.61 21.69 26.79 48.74 36.54

EZ TEC Empreendimentos e Participacoes Days Payable Competitor Comparison

For the Real Estate - Development subindustry, EZ TEC Empreendimentos e Participacoes'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.


EZ TEC Empreendimentos e Participacoes Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, EZ TEC Empreendimentos e Participacoes's Days Payable distribution charts can be found below:

* The bar in red indicates where EZ TEC Empreendimentos e Participacoes's Days Payable falls into.


BSP:EZTC3
89GF Score
EZ TEC Empreendimentos e Participacoes SA BSP:EZTC3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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EZ TEC Empreendimentos e Participacoes 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.

EZ TEC Empreendimentos e Participacoes'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
=( (66.69 + 77.223) / 2 ) / 873.665*365
=71.9565 / 873.665*365
=30.06

EZ TEC Empreendimentos e Participacoes'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
=( (77.223 + 80.982) / 2 ) / 197.559*365 / 4
=79.1025 / 197.559*365 / 4
=36.54

* 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 36.54 mean?
EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) has a Days Payable of 36.54 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 EZ TEC Empreendimentos e Participacoes and its competitors. This is 16% below median its historical median of 43.42. Over the past decade, EZ TEC Empreendimentos e Participacoes' Days Payable has ranged from 27.64 to 88.84. According to the industry distribution chart, EZ TEC Empreendimentos e Participacoes ranks #1261 out of 1568 companies in the Real Estate industry, placing it in the top 80.4%.
Is EZ TEC Empreendimentos e Participacoes' Days Payable too high?
EZ TEC Empreendimentos e Participacoes' current Days Payable of 36.54 is 16% below median its 10-year median of 43.42. Over the past 10 years, this metric has ranged from a low of 27.64 to a high of 88.84. The Real Estate industry median Days Payable is 94.38. EZ TEC Empreendimentos e Participacoes' value of 36.54 is 61.3% below this industry median. Based on the distribution chart, EZ TEC Empreendimentos e Participacoes ranks #1261 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, EZ TEC Empreendimentos e Participacoes has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EZ TEC Empreendimentos e Participacoes' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, EZ TEC Empreendimentos e Participacoes ranks #1261 out of 1568 companies for Days Payable. This places EZ TEC Empreendimentos e Participacoes in the lower half of its industry. The industry median Days Payable is 94.38. EZ TEC Empreendimentos e Participacoes' value of 36.54 is 61.3% below this benchmark. Historically, EZ TEC Empreendimentos e Participacoes' own Days Payable has ranged from 27.64 to 88.84 over the past decade. While the company's 10-year median is 43.42 vs. the industry median of 94.38, EZ TEC Empreendimentos e Participacoes 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 1,568 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. EZ TEC Empreendimentos e Participacoes's current Days Payable of 36.54 is 61.3% 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 EZ TEC Empreendimentos e Participacoes 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. EZ TEC Empreendimentos e Participacoes's current Days Payable is 36.54, which is 16% below median its own 10-year median of 43.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZ TEC Empreendimentos e Participacoes stock overvalued right now?
Based on GuruFocus' analysis, EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$14.56, compared to a current price of R$13.15 — trading 9.7% below its estimated fair value. The current Days Payable is 36.54, which is 16% below median its 10-year median of 43.42 and 61.3% below the Real Estate industry median of 94.38. EZ TEC Empreendimentos e Participacoes' overall GF Score™ is 89/100 with 6 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 EZ TEC Empreendimentos e Participacoes (BSP:EZTC3), the current Days Payable is 36.54 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 EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) Overvalued in 2026?

Based on GuruFocus' analysis, EZ TEC Empreendimentos e Participacoes stock appears to be undervalued. The current stock price of R$13.15 is trading 9.7% below its estimated GF Value™ of R$14.56. GuruFocus considers EZ TEC Empreendimentos e Participacoes to be Modestly Undervalued.

Key valuation signals for BSP:EZTC3:

  • Days Payable: 36.54 (16% below median its 10-year median of 43.42)
  • GF Value™: R$14.56 vs. price of R$13.15 (9.7% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 61.3% below the Real Estate median (#1261 of 1568)

No single metric tells the full story. See the BSP:EZTC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EZ TEC Empreendimentos e Participacoes Business Description

Address Avenida Republica do Libano, 1921, Sao Paulo, SP, BRA, 04501-002
EZ TEC Empreendimentos e Participacoes SA is a real estate development company that operates out of Brazil. The company and its subsidiaries engage in the development & sale of real estate, the management & lease of its own properties, land allotment, construction of condominiums, and services related to projects. The company defines its operations to include two revenue generating segments: commercial projects and residential projects. A majority of revenue is derived from the residential project segment, while a smaller portion is derived from the commercial projects segment. The company earns majority of its revenue in Brazil.
89GF Score

Get the complete analysis for BSP:EZTC3

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

R$13.15
Price
R$14.56
GF Value