CIA Melhoramentos deo Paulo (BSP:MSPA3) Days Payable: 44.34 (As of Mar. 2026) — 26% Below Median

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BSP:MSPA3 CIA Melhoramentos de Sao Paulo BSP:MSPA3
51 GF Score
Price R$40.30
GF Value R$45.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CIA Melhoramentos deo Paulo Days Payable?

CIA Melhoramentos deo Paulo BSP:MSPA3 51 Days Payable is 44.34 as of Mar. 2026, which is 26% below its 10-year median of 60.25. GuruFocus rates BSP:MSPA3 with a GF Score™ of 51/100 and a GF Value™ of R$45.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 276 Forest Products companies, CIA Melhoramentos deo Paulo ranks better than 65.58% on this metric.

CIA Melhoramentos deo Paulo's average Accounts Payable for the three months ended in Mar. 2026 was R$17.8 Mil. CIA Melhoramentos deo Paulo's Cost of Goods Sold for the three months ended in Mar. 2026 was R$36.7 Mil. Hence, CIA Melhoramentos deo Paulo's Days Payable for the three months ended in Mar. 2026 was 44.34.

The historical rank and industry rank for CIA Melhoramentos deo Paulo's Days Payable or its related term are showing as below:

BSP:MSPA3' s Days Payable Range Over the Past 10 Years
Min: 48.8   Med: 60.25   Max: 104.47
Current: 73.83

During the past 13 years, CIA Melhoramentos deo Paulo's highest Days Payable was 104.47. The lowest was 48.80. And the median was 60.25.

BSP:MSPA3's Days Payable is ranked better than
65.58% of 276 companies
in the Forest Products industry
Industry Median: 56.48 vs BSP:MSPA3: 73.83

CIA Melhoramentos deo Paulo's Days Payable declined from Mar. 2025 (116.93) to Mar. 2026 (44.34). It may suggest that CIA Melhoramentos deo Paulo accelerated paying its suppliers.


CIA Melhoramentos deo Paulo Days Payable Historical Data

* Premium members only.

The historical data trend for CIA Melhoramentos deo Paulo'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 Melhoramentos deo Paulo Days Payable Chart

CIA Melhoramentos deo Paulo 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 48.80 53.68 59.69 50.45 49.16

CIA Melhoramentos deo Paulo 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 116.93 126.44 55.96 50.38 44.34

BSP:MSPA3 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, CIA Melhoramentos deo Paulo'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 Melhoramentos deo Paulo Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, CIA Melhoramentos deo Paulo's Days Payable distribution charts can be found below:

* The bar in red indicates where CIA Melhoramentos deo Paulo's Days Payable falls into.


BSP:MSPA3
51GF Score
CIA Melhoramentos de Sao Paulo BSP:MSPA3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA Melhoramentos deo Paulo 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 Melhoramentos deo Paulo'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
=( (14.964 + 16.07) / 2 ) / 115.212*365
=15.517 / 115.212*365
=49.16

CIA Melhoramentos deo Paulo'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
=( (16.07 + 19.56) / 2 ) / 36.661*365 / 4
=17.815 / 36.661*365 / 4
=44.34

* 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 44.34 mean?
CIA Melhoramentos deo Paulo (BSP:MSPA3) has a Days Payable of 44.34 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 Melhoramentos deo Paulo and its competitors. This is 26% below median its historical median of 60.25. Over the past decade, CIA Melhoramentos deo Paulo's Days Payable has ranged from 48.80 to 104.47. According to the industry distribution chart, CIA Melhoramentos deo Paulo ranks #95 out of 276 companies in the Forest Products industry, placing it in the top 34.4%.
Is CIA Melhoramentos deo Paulo's Days Payable too high?
CIA Melhoramentos deo Paulo's current Days Payable of 44.34 is 26% below median its 10-year median of 60.25. Over the past 10 years, this metric has ranged from a low of 48.80 to a high of 104.47. The Forest Products industry median Days Payable is 56.48. CIA Melhoramentos deo Paulo's value of 44.34 is 21.5% below this industry median. Based on the distribution chart, CIA Melhoramentos deo Paulo ranks #95 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, CIA Melhoramentos deo Paulo has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Melhoramentos deo Paulo's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, CIA Melhoramentos deo Paulo ranks #95 out of 276 companies for Days Payable. This puts CIA Melhoramentos deo Paulo in the upper half of its industry. The industry median Days Payable is 56.48. CIA Melhoramentos deo Paulo's value of 44.34 is 21.5% below this benchmark. Historically, CIA Melhoramentos deo Paulo's own Days Payable has ranged from 48.80 to 104.47 over the past decade. While the company's 10-year median is 60.25 vs. the industry median of 56.48, CIA Melhoramentos deo Paulo 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.48, based on 276 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 Melhoramentos deo Paulo's current Days Payable of 44.34 is 21.5% 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 Melhoramentos deo Paulo and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Melhoramentos deo Paulo's current Days Payable is 44.34, which is 26% below median its own 10-year median of 60.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Melhoramentos deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo (BSP:MSPA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$45.75, compared to a current price of R$40.30 — trading 11.9% below its estimated fair value. The current Days Payable is 44.34, which is 26% below median its 10-year median of 60.25 and 21.5% below the Forest Products industry median of 56.48. CIA Melhoramentos deo Paulo's overall GF Score™ is 51/100 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 CIA Melhoramentos deo Paulo (BSP:MSPA3), the current Days Payable is 44.34 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 Melhoramentos deo Paulo (BSP:MSPA3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo stock appears to be undervalued. The current stock price of R$40.30 is trading 11.9% below its estimated GF Value™ of R$45.75. GuruFocus considers CIA Melhoramentos deo Paulo to be Modestly Undervalued.

Key valuation signals for BSP:MSPA3:

  • Days Payable: 44.34 (26% below median its 10-year median of 60.25)
  • GF Value™: R$45.75 vs. price of R$40.30 (11.9% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 21.5% below the Forest Products median (#95 of 276)

No single metric tells the full story. See the BSP:MSPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA Melhoramentos deo Paulo Business Description

Address Rua Tito 479, Sao Paulo, SP, BRA, 05051000
CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.
51GF Score

Get the complete analysis for BSP:MSPA3

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

R$40.30
Price
R$45.75
GF Value