Renova EnergiaBSP:RNEW4 -2.44%51 Days Payable is 78.78 as of Mar. 2026, which is 73% below its 10-year median of 290.89. GuruFocus rates BSP:RNEW4 with a GF Score™ of 51/100 and a GF Value™ of R$1.23 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Renova Energia ranks worse than 61.54% on this metric.
Renova Energia's Days Payable
declined
from Mar. 2025 (79.17) to Mar. 2026 (78.78).
It may suggest that Renova Energiaaccelerated paying its suppliers.
Renova Energia Days Payable Related Terms
Renova Energia Days Payable Historical Data
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The historical data trend for Renova Energia'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.
For the Utilities - Renewable subindustry, Renova Energia'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.
Renova Energia Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Days Payable distribution charts can be found below:
* The bar in red indicates where Renova Energia's Days Payable falls into.
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.
Renova Energia's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Renova Energia (BSP:RNEW4) has a Days Payable of 78.78 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 Renova Energia and its competitors. This is 73% below median its historical median of 290.89. Over the past decade, Renova Energia's Days Payable has ranged from 54.06 to 1,525.92. According to the industry distribution chart, Renova Energia ranks #240 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.5%.
Is Renova Energia's Days Payable too high?
Renova Energia's current Days Payable of 78.78 is 73% below median its 10-year median of 290.89. Over the past 10 years, this metric has ranged from a low of 54.06 to a high of 1,525.92. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Renova Energia's value of 78.78 is 1.4% below this industry median. Based on the distribution chart, Renova Energia ranks #240 out of 390 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #240 out of 390 companies for Days Payable. This places Renova Energia in the lower half of its industry. The industry median Days Payable is 79.90. Renova Energia's value of 78.78 is 1.4% below this benchmark. Historically, Renova Energia's own Days Payable has ranged from 54.06 to 1,525.92 over the past decade. While the company's 10-year median is 290.89 vs. the industry median of 79.90, Renova Energia 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Renova Energia's current Days Payable of 78.78 is 1.4% 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 Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current Days Payable is 78.78, which is 73% below median its own 10-year median of 290.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW4) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.23, compared to a current price of R$0.80 — trading 35% below its estimated fair value. The current Days Payable is 78.78, which is 73% below median its 10-year median of 290.89 and 1.4% below the Utilities - Independent Power Producers industry median of 79.90. Renova Energia's overall GF Score™ is 51/100 with 3 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 Renova Energia (BSP:RNEW4), the current Days Payable is 78.78 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 Renova Energia (BSP:RNEW4) Overvalued in 2026?
Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued.
The current stock price of R$0.80 is trading 35% below its estimated GF Value™ of R$1.23.
GuruFocus considers Renova Energia to be Possible Value Trap.
Key valuation signals for BSP:RNEW4:
Days Payable: 78.78 (73% below median its 10-year median of 290.89)
GF Value™: R$1.23 vs. price of R$0.80 (35% below fair value)
Industry Position: 1.4% below the Utilities - Independent Power Producers median (#240 of 390)
No single metric tells the full story. See the BSP:RNEW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
51GF Score
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