HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Days Payable: 41.65 (As of Mar. 2026) — 72% Below Median


BSP:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
68 GF Score
Price R$2.63
GF Value R$16.55
Valuation Possible Value Trap
! 7 Warning Signs
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What is HBR Realty Empreendimentos Imobiliarios Days Payable?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 -3.31% 68 Days Payable is 41.65 as of Mar. 2026, which is 72% below its 10-year median of 147.42. GuruFocus rates BSP:HBRE3 with a GF Score™ of 68/100 and a GF Value™ of R$16.55 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,569 Real Estate companies, HBR Realty Empreendimentos Imobiliarios ranks worse than 90.31% on this metric.

HBR Realty Empreendimentos Imobiliarios's average Accounts Payable for the three months ended in Mar. 2026 was R$12.3 Mil. HBR Realty Empreendimentos Imobiliarios's Cost of Goods Sold for the three months ended in Mar. 2026 was R$26.9 Mil. Hence, HBR Realty Empreendimentos Imobiliarios's Days Payable for the three months ended in Mar. 2026 was 41.65.

The historical rank and industry rank for HBR Realty Empreendimentos Imobiliarios's Days Payable or its related term are showing as below:

BSP:HBRE3' s Days Payable Range Over the Past 10 Years
Min: 12.82   Med: 147.42   Max: 170.13
Current: 15.03

During the past 6 years, HBR Realty Empreendimentos Imobiliarios's highest Days Payable was 170.13. The lowest was 12.82. And the median was 147.42.

BSP:HBRE3's Days Payable is ranked worse than
90.31% of 1569 companies
in the Real Estate industry
Industry Median: 94.38 vs BSP:HBRE3: 15.03

HBR Realty Empreendimentos Imobiliarios's Days Payable declined from Mar. 2025 (60.10) to Mar. 2026 (41.65). It may suggest that HBR Realty Empreendimentos Imobiliarios accelerated paying its suppliers.


HBR Realty Empreendimentos Imobiliarios Days Payable Related Terms


HBR Realty Empreendimentos Imobiliarios Days Payable Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios'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.

HBR Realty Empreendimentos Imobiliarios Days Payable Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 170.13 143.02 151.82 131.56 12.82

HBR Realty Empreendimentos Imobiliarios 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 60.10 44.44 52.56 5.56 41.65

BSP:HBRE3 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.


HBR Realty Empreendimentos Imobiliarios Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HBR Realty Empreendimentos Imobiliarios's Days Payable distribution charts can be found below:

* The bar in red indicates where HBR Realty Empreendimentos Imobiliarios's Days Payable falls into.


BSP:HBRE3
68GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HBR Realty Empreendimentos Imobiliarios 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.

HBR Realty Empreendimentos Imobiliarios'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
=( (9.28 + 13.444) / 2 ) / 323.486*365
=11.362 / 323.486*365
=12.82

HBR Realty Empreendimentos Imobiliarios'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
=( (13.444 + 11.077) / 2 ) / 26.862*365 / 4
=12.2605 / 26.862*365 / 4
=41.65

* 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 41.65 mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Days Payable of 41.65 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 HBR Realty Empreendimentos Imobiliarios and its competitors. This is 72% below median its historical median of 147.42. Over the past decade, HBR Realty Empreendimentos Imobiliarios' Days Payable has ranged from 12.82 to 170.13. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1417 out of 1569 companies in the Real Estate industry, placing it in the top 90.3%.
Is HBR Realty Empreendimentos Imobiliarios' Days Payable too high?
HBR Realty Empreendimentos Imobiliarios' current Days Payable of 41.65 is 72% below median its 10-year median of 147.42. Over the past 10 years, this metric has ranged from a low of 12.82 to a high of 170.13. The Real Estate industry median Days Payable is 94.38. HBR Realty Empreendimentos Imobiliarios' value of 41.65 is 55.9% below this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1417 out of 1569 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1417 out of 1569 companies for Days Payable. This places HBR Realty Empreendimentos Imobiliarios in the lower half of its industry. The industry median Days Payable is 94.38. HBR Realty Empreendimentos Imobiliarios' value of 41.65 is 55.9% below this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own Days Payable has ranged from 12.82 to 170.13 over the past decade. While the company's 10-year median is 147.42 vs. the industry median of 94.38, HBR Realty Empreendimentos Imobiliarios 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 1,569 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. HBR Realty Empreendimentos Imobiliarios's current Days Payable of 41.65 is 55.9% 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 HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's current Days Payable is 41.65, which is 72% below median its own 10-year median of 147.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.55, compared to a current price of R$2.63 — trading 84.1% below its estimated fair value. The current Days Payable is 41.65, which is 72% below median its 10-year median of 147.42 and 55.9% below the Real Estate industry median of 94.38. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 68/100 with 7 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Days Payable is 41.65 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?

Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued. The current stock price of R$2.63 is trading 84.1% below its estimated GF Value™ of R$16.55. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • Days Payable: 41.65 (72% below median its 10-year median of 147.42)
  • GF Value™: R$16.55 vs. price of R$2.63 (84.1% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 55.9% below the Real Estate median (#1417 of 1569)

No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBR Realty Empreendimentos Imobiliarios Business Description

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
68GF Score

Get the complete analysis for BSP:HBRE3

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

R$2.63
Price
R$16.55
GF Value