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Movida Participacoes (BSP:MOVI3) Days Payable : 142.76 (As of Jun. 2024)


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What is Movida Participacoes Days Payable?

Movida Participacoes's average Accounts Payable for the three months ended in Jun. 2024 was R$3,857 Mil. Movida Participacoes's Cost of Goods Sold for the three months ended in Jun. 2024 was R$2,466 Mil. Hence, Movida Participacoes's Days Payable for the three months ended in Jun. 2024 was 142.76.

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

BSP:MOVI3' s Days Payable Range Over the Past 10 Years
Min: 66.92   Med: 155.95   Max: 216.16
Current: 130.52

During the past 10 years, Movida Participacoes's highest Days Payable was 216.16. The lowest was 66.92. And the median was 155.95.

BSP:MOVI3's Days Payable is ranked better than
81.77% of 927 companies
in the Business Services industry
Industry Median: 47.38 vs BSP:MOVI3: 130.52

Movida Participacoes's Days Payable increased from Jun. 2023 (56.06) to Jun. 2024 (142.76). It may suggest that Movida Participacoes delayed paying its suppliers.


Movida Participacoes Days Payable Historical Data

The historical data trend for Movida 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.

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Movida Participacoes Days Payable Chart

Movida Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.78 146.08 216.16 146.83 169.07

Movida Participacoes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 56.06 74.08 138.99 192.67 142.76

Competitive Comparison of Movida Participacoes's Days Payable

For the Rental & Leasing Services subindustry, Movida 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.


Movida Participacoes's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Days Payable distribution charts can be found below:

* The bar in red indicates where Movida Participacoes's Days Payable falls into.



Movida 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.

Movida Participacoes'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
=( (2264.907 + 4751.328) / 2 ) / 7573.494*365
=3508.1175 / 7573.494*365
=169.07

Movida Participacoes's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (4072.856 + 3641.977) / 2 ) / 2465.595*365 / 4
=3857.4165 / 2465.595*365 / 4
=142.76

* 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.


Movida Participacoes Days Payable Related Terms

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Movida Participacoes Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes Headlines

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