Refinaria De Petroleos Manguinhos (BSP:RPMG3) Days Payable: 8.21 (As of Jun. 2025)


BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
50 GF Score
Price R$1.20
Valuation Possible Value Trap
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What is Refinaria De Petroleos Manguinhos Days Payable?

Refinaria De Petroleos Manguinhos BSP:RPMG3 -1.64% 50 Days Payable is 8.21 as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 50/100 (Possible Value Trap). Among 853 Oil & Gas companies, Refinaria De Petroleos Manguinhos ranks worse than 96.6% on this metric.

Refinaria De Petroleos Manguinhos's average Accounts Payable for the three months ended in Jun. 2025 was R$250 Mil. Refinaria De Petroleos Manguinhos's Cost of Goods Sold for the three months ended in Jun. 2025 was R$2,780 Mil. Hence, Refinaria De Petroleos Manguinhos's Days Payable for the three months ended in Jun. 2025 was 8.21.

The historical rank and industry rank for Refinaria De Petroleos Manguinhos's Days Payable or its related term are showing as below:

BSP:RPMG3's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

Refinaria De Petroleos Manguinhos's Days Payable declined from Jun. 2024 (14.37) to Jun. 2025 (8.21). It may suggest that Refinaria De Petroleos Manguinhos accelerated paying its suppliers.


Refinaria De Petroleos Manguinhos Days Payable Related Terms


Refinaria De Petroleos Manguinhos Days Payable Historical Data

* Premium members only.

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Days Payable Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 9.51 9.93 12.40 5.62

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 14.37 5.47 2.12 2.93 8.21

BSP:RPMG3 vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Refinaria De Petroleos Manguinhos's Days Payable distribution charts can be found below:

* The bar in red indicates where Refinaria De Petroleos Manguinhos's Days Payable falls into.


BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos 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.

Refinaria De Petroleos Manguinhos's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (129.408 + 109.159) / 2 ) / 7752.113*365
=119.2835 / 7752.113*365
=5.62

Refinaria De Petroleos Manguinhos's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (34.338 + 465.875) / 2 ) / 2780.098*365 / 4
=250.1065 / 2780.098*365 / 4
=8.21

* 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 8.21 mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Days Payable of 8.21 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Refinaria De Petroleos Manguinhos and its competitors. According to the industry distribution chart, Refinaria De Petroleos Manguinhos ranks #824 out of 853 companies in the Oil & Gas industry, placing it in the top 96.6%.
Is Refinaria De Petroleos Manguinhos' Days Payable too high?
Refinaria De Petroleos Manguinhos' current Days Payable is 8.21. The Oil & Gas industry median Days Payable is 57.73. Refinaria De Petroleos Manguinhos' value of 8.21 is 85.8% below this industry median. Based on the distribution chart, Refinaria De Petroleos Manguinhos ranks #824 out of 853 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Refinaria De Petroleos Manguinhos ranks #824 out of 853 companies for Days Payable. This places Refinaria De Petroleos Manguinhos in the lower half of its industry. The industry median Days Payable is 57.73. Refinaria De Petroleos Manguinhos' value of 8.21 is 85.8% below this benchmark. 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.73, based on 853 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. Refinaria De Petroleos Manguinhos's current Days Payable of 8.21 is 85.8% 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 Refinaria De Petroleos Manguinhos and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refinaria De Petroleos Manguinhos's current Days Payable is 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos (BSP:RPMG3) is currently considered Possible Value Trap. The current Days Payable is 8.21 and 85.8% below the Oil & Gas industry median of 57.73. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Days Payable is 8.21 as of Jun. 2025. 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.

Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
50GF Score

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R$1.20
Price