SimparBSP:SIMH3 +2.54%83 Days Payable is 77.27 as of Mar. 2026, which is 20% below its 10-year median of 97.14. GuruFocus rates BSP:SIMH3 with a GF Score™ of 83/100 and a GF Value™ of R$13.10 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 943 Business Services companies, Simpar ranks better than 65.64% on this metric.
Simpar's average Accounts Payable for the
three
months ended in Mar. 2026 was R$6,859 Mil. Simpar's Cost of Goods Sold for the
three
months ended in Mar. 2026 was R$8,099 Mil.
Hence, Simpar's Days Payable for the
three
months ended in Mar. 2026 was 77.27.
The historical rank and industry rank for Simpar's Days Payable or its related term are showing as below:
BSP:SIMH3'
s Days Payable Range Over the Past 10 Years
Min: 71.22 Med: 97.14 Max: 107.17
Current: 71.22
During the past 6 years, Simpar's highest Days Payable was 107.17. The lowest was 71.22. And the median was 97.14.
BSP:SIMH3's Days Payable is ranked better than 65.64% of 943
companies
in the Business Services industry
Industry Median: 46.92
vs BSP:SIMH3: 71.22
Simpar's Days Payable
increased
from Mar. 2025 (76.19) to Mar. 2026 (77.27).
It may suggest that Simpardelayed paying its suppliers.
Simpar Days Payable Related Terms
Simpar Days Payable Historical Data
* Premium members only.
The historical data trend for Simpar'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.
BSP:SIMH3 vs URI, SUNB, AER: Days Payable Comparison
For the Rental & Leasing Services subindustry, Simpar'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.
Simpar Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Simpar's Days Payable distribution charts can be found below:
* The bar in red indicates where Simpar'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.
Simpar'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.
Simpar (BSP:SIMH3) has a Days Payable of 77.27 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 Simpar and its competitors. This is 20% below median its historical median of 97.14. Over the past decade, Simpar's Days Payable has ranged from 71.22 to 107.17. According to the industry distribution chart, Simpar ranks #324 out of 943 companies in the Business Services industry, placing it in the top 34.4%.
Is Simpar's Days Payable too high?
Simpar's current Days Payable of 77.27 is 20% below median its 10-year median of 97.14. Over the past 10 years, this metric has ranged from a low of 71.22 to a high of 107.17. The Business Services industry median Days Payable is 46.92. Simpar's value of 77.27 is 64.7% above this industry median. Based on the distribution chart, Simpar ranks #324 out of 943 companies in the Business Services industry, which is above the industry midpoint. Overall, Simpar has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Simpar's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Simpar ranks #324 out of 943 companies for Days Payable. This puts Simpar in the upper half of its industry. The industry median Days Payable is 46.92. Simpar's value of 77.27 is 64.7% above this benchmark. Historically, Simpar's own Days Payable has ranged from 71.22 to 107.17 over the past decade. While the company's 10-year median is 97.14 vs. the industry median of 46.92, Simpar 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. Simpar's current Days Payable of 77.27 is 64.7% 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 Simpar 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. Simpar's current Days Payable is 77.27, which is 20% below median its own 10-year median of 97.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simpar stock overvalued right now?
Based on GuruFocus' analysis, Simpar (BSP:SIMH3) is currently considered Possible Value Trap. The stock's GF Value™ is R$13.10, compared to a current price of R$8.07 — trading 38.4% below its estimated fair value. The current Days Payable is 77.27, which is 20% below median its 10-year median of 97.14 and 64.7% above the Business Services industry median of 46.92. Simpar's overall GF Score™ is 83/100 with 7 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 Simpar (BSP:SIMH3), the current Days Payable is 77.27 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 Simpar (BSP:SIMH3) Overvalued in 2026?
Based on GuruFocus' analysis, Simpar stock appears to be undervalued.
The current stock price of R$8.07 is trading 38.4% below its estimated GF Value™ of R$13.10.
GuruFocus considers Simpar to be Possible Value Trap.
Key valuation signals for BSP:SIMH3:
Days Payable: 77.27 (20% below median its 10-year median of 97.14)
GF Value™: R$13.10 vs. price of R$8.07 (38.4% below fair value)
Industry Position: 64.7% above the Business Services median (#324 of 943)
No single metric tells the full story. See the BSP:SIMH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simpar SA is a holding company, through its subsidiaries is engaged in road logistics services; rental and sale of trucks, machinery and equipment; public sector and mixed economy services; dealership of light vehicles; leasing, freight payment and financial services; and car rental of light vehicles. The group operates in seven reportable segments JSL, Movida, Vamos, CS Brasil, CS Infra, Automob, and BBC.
83GF Score
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