Mills Locacao Servicos e Logistica (BSP:MILS3) Days Payable: 78.01 (As of Mar. 2026) — 111% Above Median


BSP:MILS3 Mills Locacao Servicos e Logistica SA BSP:MILS3
89 GF Score
Price R$15.49
GF Value R$15.25
Valuation Fairly Valued
! 5 Warning Signs
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What is Mills Locacao Servicos e Logistica Days Payable?

Mills Locacao Servicos e Logistica BSP:MILS3 +0.19% 89 Days Payable is 78.01 as of Mar. 2026, which is 111% above its 10-year median of 36.94. GuruFocus rates BSP:MILS3 with a GF Score™ of 89/100 and a GF Value™ of R$15.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, Mills Locacao Servicos e Logistica ranks better than 65.43% on this metric.

Mills Locacao Servicos e Logistica's average Accounts Payable for the three months ended in Mar. 2026 was R$155 Mil. Mills Locacao Servicos e Logistica's Cost of Goods Sold for the three months ended in Mar. 2026 was R$182 Mil. Hence, Mills Locacao Servicos e Logistica's Days Payable for the three months ended in Mar. 2026 was 78.01.

The historical rank and industry rank for Mills Locacao Servicos e Logistica's Days Payable or its related term are showing as below:

BSP:MILS3' s Days Payable Range Over the Past 10 Years
Min: 11.58   Med: 36.94   Max: 123.18
Current: 70.82

During the past 13 years, Mills Locacao Servicos e Logistica's highest Days Payable was 123.18. The lowest was 11.58. And the median was 36.94.

BSP:MILS3's Days Payable is ranked better than
65.43% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs BSP:MILS3: 70.82

Mills Locacao Servicos e Logistica's Days Payable declined from Mar. 2025 (79.31) to Mar. 2026 (78.01). It may suggest that Mills Locacao Servicos e Logistica accelerated paying its suppliers.


Mills Locacao Servicos e Logistica Days Payable Related Terms


Mills Locacao Servicos e Logistica Days Payable Historical Data

* Premium members only.

The historical data trend for Mills Locacao Servicos e Logistica'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.

Mills Locacao Servicos e Logistica Days Payable Chart

Mills Locacao Servicos e Logistica 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 40.01 123.18 122.18 70.48 75.98

Mills Locacao Servicos e Logistica 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 79.31 71.99 64.93 67.73 78.01

BSP:MILS3 vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.


Mills Locacao Servicos e Logistica Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Days Payable distribution charts can be found below:

* The bar in red indicates where Mills Locacao Servicos e Logistica's Days Payable falls into.


BSP:MILS3
89GF Score
Mills Locacao Servicos e Logistica SA BSP:MILS3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mills Locacao Servicos e Logistica 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.

Mills Locacao Servicos e Logistica'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
=( (127.629 + 157.451) / 2 ) / 684.755*365
=142.54 / 684.755*365
=75.98

Mills Locacao Servicos e Logistica'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
=( (157.451 + 153.33) / 2 ) / 181.774*365 / 4
=155.3905 / 181.774*365 / 4
=78.01

* 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 78.01 mean?
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Days Payable of 78.01 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 Mills Locacao Servicos e Logistica and its competitors. This is 111% above median its historical median of 36.94. Over the past decade, Mills Locacao Servicos e Logistica's Days Payable has ranged from 11.58 to 123.18. According to the industry distribution chart, Mills Locacao Servicos e Logistica ranks #326 out of 943 companies in the Business Services industry, placing it in the top 34.6%.
Is Mills Locacao Servicos e Logistica's Days Payable too high?
Mills Locacao Servicos e Logistica's current Days Payable of 78.01 is 111% above median its 10-year median of 36.94. Over the past 10 years, this metric has ranged from a low of 11.58 to a high of 123.18. The Business Services industry median Days Payable is 46.92. Mills Locacao Servicos e Logistica's value of 78.01 is 66.3% above this industry median. Based on the distribution chart, Mills Locacao Servicos e Logistica ranks #326 out of 943 companies in the Business Services industry, which is above the industry midpoint. Overall, Mills Locacao Servicos e Logistica has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mills Locacao Servicos e Logistica's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Mills Locacao Servicos e Logistica ranks #326 out of 943 companies for Days Payable. This puts Mills Locacao Servicos e Logistica in the upper half of its industry. The industry median Days Payable is 46.92. Mills Locacao Servicos e Logistica's value of 78.01 is 66.3% above this benchmark. Historically, Mills Locacao Servicos e Logistica's own Days Payable has ranged from 11.58 to 123.18 over the past decade. While the company's 10-year median is 36.94 vs. the industry median of 46.92, Mills Locacao Servicos e Logistica has consistently been above 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Mills Locacao Servicos e Logistica's current Days Payable of 78.01 is 66.3% above 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 Mills Locacao Servicos e Logistica and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mills Locacao Servicos e Logistica's current Days Payable is 78.01, which is 111% above median its own 10-year median of 36.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mills Locacao Servicos e Logistica stock overvalued right now?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica (BSP:MILS3) is currently considered Fairly Valued. The stock's GF Value™ is R$15.25, compared to a current price of R$15.49 — trading 1.6% above its estimated fair value. The current Days Payable is 78.01, which is 111% above median its 10-year median of 36.94 and 66.3% above the Business Services industry median of 46.92. Mills Locacao Servicos e Logistica's overall GF Score™ is 89/100 with 5 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 Mills Locacao Servicos e Logistica (BSP:MILS3), the current Days Payable is 78.01 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 Mills Locacao Servicos e Logistica (BSP:MILS3) Overvalued in 2026?

Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica stock appears to be overvalued. The current stock price of R$15.49 is trading 1.6% above its estimated GF Value™ of R$15.25. GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.

Key valuation signals for BSP:MILS3:

  • Days Payable: 78.01 (111% above median its 10-year median of 36.94)
  • GF Value™: R$15.25 vs. price of R$15.49 (1.6% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 66.3% above the Business Services median (#326 of 943)

No single metric tells the full story. See the BSP:MILS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mills Locacao Servicos e Logistica Business Description

Address Avenida Euzebio Matoso, n 1375, Suites n 1101, 1102, 1201 and 1202, 11th and 12th floors, Sao Paulo, SP, BRA, 05423-180
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Formwork and Shoring segment and Rental segment, and the majority of the revenue derives from the Rental business segment.
89GF Score

Get the complete analysis for BSP:MILS3

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

R$15.49
Price
R$15.25
GF Value