Haga Industria E Comercio (BSP:HAGA3) Days Payable : 20.44 (As of Dec. 2023)

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What is Haga Industria E Comercio Days Payable?

Haga Industria E Comercio's average Accounts Payable for the three months ended in Dec. 2023 was R$1.05 Mil. Haga Industria E Comercio's Cost of Goods Sold for the three months ended in Dec. 2023 was R$4.68 Mil. Hence, Haga Industria E Comercio's Days Payable for the three months ended in Dec. 2023 was 20.44.

The historical rank and industry rank for Haga Industria E Comercio's Days Payable or its related term are showing as below:

BSP:HAGA3' s Days Payable Range Over the Past 10 Years
Min: 9.95 Med: 19.45 Max: 22.99
Current: 21.54

During the past 13 years, Haga Industria E Comercio's highest Days Payable was 22.99. The lowest was 9.95. And the median was 19.45.

BSP:HAGA3's Days Payable is ranked worse than
94.13% of 1601 companies
in the Construction industry
Industry Median: 74.1 vs BSP:HAGA3: 21.54

Haga Industria E Comercio's Days Payable declined from Dec. 2022 (28.84) to Dec. 2023 (20.44). It may suggest that Haga Industria E Comercio accelerated paying its suppliers.

Haga Industria E Comercio Days Payable Historical Data

The historical data trend for Haga Industria E Comercio'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.

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Haga Industria E Comercio Days Payable Chart

Haga Industria E Comercio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.48

22.16

19.09

22.99

22.39

Haga Industria E Comercio 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															28.84	23.19	24.38	17.72	20.44

Competitive Comparison of Haga Industria E Comercio's Days Payable

For the Building Products & Equipment subindustry, Haga Industria E Comercio'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.

Haga Industria E Comercio's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Haga Industria E Comercio's Days Payable distribution charts can be found below:

* The bar in red indicates where Haga Industria E Comercio's Days Payable falls into.

Haga Industria E Comercio 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.

Haga Industria E Comercio'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
=	( (1.695	+	0.945)	/	2 )	/	21.518	*	365
=	1.32					/	21.518	*	365
=	22.39

Haga Industria E Comercio'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
=	( (1.153	+	0.945)	/	2 )	/	4.682	*	365 / 4
=	1.049					/	4.682	*	365 / 4
=	20.44

Haga Industria E Comercio Days Payable Related Terms

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Haga Industria E Comercio (BSP:HAGA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Haga SA Industria E Comercio (BSP:HAGA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HAGA4:Brazil

Address

Av Engenheiro Hans Gaiser 26 - Prédio, Nova Friburgo, RJ, BRA, 28625220

Website

http://www.haga.com.br

Haga SA Industria E Comercio is engaged in manufacturing, trading and export of iron and other metal products, among others. Its products include locks and other products generally used in doors. Its objective is to manufacture, trade and export of iron artifacts, metals.

Haga Industria E Comercio (BSP:HAGA3) Headlines

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