CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Days Payable: 31.82 (As of Mar. 2026) — 25% Above Median


BSP:FESA4 CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
67 GF Score
Price R$6.06
GF Value R$8.52
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is CIA de Ferro Ligas da Bahia - Ferbasa Days Payable?

CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4 +0.50% 67 Days Payable is 31.82 as of Mar. 2026, which is 25% above its 10-year median of 25.43. GuruFocus rates BSP:FESA4 with a GF Score™ of 67/100 and a GF Value™ of R$8.52 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 602 Steel companies, CIA de Ferro Ligas da Bahia - Ferbasa ranks worse than 68.44% on this metric.

CIA de Ferro Ligas da Bahia - Ferbasa's average Accounts Payable for the three months ended in Mar. 2026 was R$160 Mil. CIA de Ferro Ligas da Bahia - Ferbasa's Cost of Goods Sold for the three months ended in Mar. 2026 was R$459 Mil. Hence, CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable for the three months ended in Mar. 2026 was 31.82.

The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable or its related term are showing as below:

BSP:FESA4' s Days Payable Range Over the Past 10 Years
Min: 22.18   Med: 25.43   Max: 28.68
Current: 27.28

During the past 13 years, CIA de Ferro Ligas da Bahia - Ferbasa's highest Days Payable was 28.68. The lowest was 22.18. And the median was 25.43.

BSP:FESA4's Days Payable is ranked worse than
68.44% of 602 companies
in the Steel industry
Industry Median: 41.4 vs BSP:FESA4: 27.28

CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable increased from Mar. 2025 (25.06) to Mar. 2026 (31.82). It may suggest that CIA de Ferro Ligas da Bahia - Ferbasa delayed paying its suppliers.


CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Related Terms


CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Historical Data

* Premium members only.

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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.

CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Chart

CIA de Ferro Ligas da Bahia - Ferbasa 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 24.84 26.01 27.68 28.42 28.68

CIA de Ferro Ligas da Bahia - Ferbasa 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 25.06 21.56 27.96 29.55 31.82

BSP:FESA4 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.


CIA de Ferro Ligas da Bahia - Ferbasa Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable distribution charts can be found below:

* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable falls into.


BSP:FESA4
67GF Score
CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Ferro Ligas da Bahia - Ferbasa 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.

CIA de Ferro Ligas da Bahia - Ferbasa'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
=( (127.104 + 175.163) / 2 ) / 1923.308*365
=151.1335 / 1923.308*365
=28.68

CIA de Ferro Ligas da Bahia - Ferbasa'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
=( (175.163 + 144.681) / 2 ) / 458.646*365 / 4
=159.922 / 458.646*365 / 4
=31.82

* 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 31.82 mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) has a Days Payable of 31.82 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. This is 25% above median its historical median of 25.43. Over the past decade, CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable has ranged from 22.18 to 28.68. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #412 out of 602 companies in the Steel industry, placing it in the top 68.4%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current Days Payable of 31.82 is 25% above median its 10-year median of 25.43. Over the past 10 years, this metric has ranged from a low of 22.18 to a high of 28.68. The Steel industry median Days Payable is 41.40. CIA de Ferro Ligas da Bahia - Ferbasa's value of 31.82 is 23.1% below this industry median. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #412 out of 602 companies in the Steel industry, which is below the industry midpoint. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #412 out of 602 companies for Days Payable. This places CIA de Ferro Ligas da Bahia - Ferbasa in the lower half of its industry. The industry median Days Payable is 41.40. CIA de Ferro Ligas da Bahia - Ferbasa's value of 31.82 is 23.1% below this benchmark. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own Days Payable has ranged from 22.18 to 28.68 over the past decade. While the company's 10-year median is 25.43 vs. the industry median of 41.40, CIA de Ferro Ligas da Bahia - Ferbasa 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 Steel company?
The median Days Payable among Steel companies is 41.40, based on 602 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. CIA de Ferro Ligas da Bahia - Ferbasa's current Days Payable of 31.82 is 23.1% 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Ferro Ligas da Bahia - Ferbasa's current Days Payable is 31.82, which is 25% above median its own 10-year median of 25.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$8.52, compared to a current price of R$6.06 — trading 28.9% below its estimated fair value. The current Days Payable is 31.82, which is 25% above median its 10-year median of 25.43 and 23.1% below the Steel industry median of 41.40. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 67/100 with 8 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4), the current Days Payable is 31.82 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued. The current stock price of R$6.06 is trading 28.9% below its estimated GF Value™ of R$8.52. GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Modestly Undervalued.

Key valuation signals for BSP:FESA4:

  • Days Payable: 31.82 (25% above median its 10-year median of 25.43)
  • GF Value™: R$8.52 vs. price of R$6.06 (28.9% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 23.1% below the Steel median (#412 of 602)

No single metric tells the full story. See the BSP:FESA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Ferro Ligas da Bahia - Ferbasa Business Description

Other Exchanges FESA3:Brazil
Address Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
67GF Score

Get the complete analysis for BSP:FESA4

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

R$6.06
Price
R$8.52
GF Value