Sao Martinho (BSP:SMTO3) Days Payable: 34.34 (As of Mar. 2026) — 36% Above Median

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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
74 GF Score
Price R$15.45
GF Value R$25.49
Valuation Possible Value Trap
! 8 Warning Signs
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What is Sao Martinho Days Payable?

Sao Martinho BSP:SMTO3 -1.72% 74 Days Payable is 34.34 as of Mar. 2026, which is 36% above its 10-year median of 25.22. GuruFocus rates BSP:SMTO3 with a GF Score™ of 74/100 and a GF Value™ of R$25.49 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,554 Chemicals companies, Sao Martinho ranks worse than 68.92% on this metric.

Sao Martinho's average Accounts Payable for the three months ended in Mar. 2026 was R$648 Mil. Sao Martinho's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,722 Mil. Hence, Sao Martinho's Days Payable for the three months ended in Mar. 2026 was 34.34.

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

BSP:SMTO3' s Days Payable Range Over the Past 10 Years
Min: 22.5   Med: 25.22   Max: 41.1
Current: 41.1

During the past 13 years, Sao Martinho's highest Days Payable was 41.10. The lowest was 22.50. And the median was 25.22.

BSP:SMTO3's Days Payable is ranked worse than
68.92% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs BSP:SMTO3: 41.10

Sao Martinho's Days Payable increased from Mar. 2025 (27.96) to Mar. 2026 (34.34). It may suggest that Sao Martinho delayed paying its suppliers.


Sao Martinho Days Payable Historical Data

* Premium members only.

The historical data trend for Sao Martinho'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.

Sao Martinho Days Payable Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.22 27.69 24.14 27.62 33.58

Sao Martinho 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 27.96 34.89 52.40 56.29 34.34

BSP:SMTO3 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Sao Martinho'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.


Sao Martinho Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's Days Payable distribution charts can be found below:

* The bar in red indicates where Sao Martinho's Days Payable falls into.


BSP:SMTO3
74GF Score
Sao Martinho SA BSP:SMTO3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sao Martinho 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.

Sao Martinho's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (404.994 + 603.869) / 2 ) / 5483.369*365
=504.4315 / 5483.369*365
=33.58

Sao Martinho'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
=( (692.256 + 603.869) / 2 ) / 1722.068*365 / 4
=648.0625 / 1722.068*365 / 4
=34.34

* 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 34.34 mean?
Sao Martinho (BSP:SMTO3) has a Days Payable of 34.34 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 Sao Martinho and its competitors. This is 36% above median its historical median of 25.22. Over the past decade, Sao Martinho's Days Payable has ranged from 22.50 to 41.10. According to the industry distribution chart, Sao Martinho ranks #1071 out of 1554 companies in the Chemicals industry, placing it in the top 68.9%.
Is Sao Martinho's Days Payable too high?
Sao Martinho's current Days Payable of 34.34 is 36% above median its 10-year median of 25.22. Over the past 10 years, this metric has ranged from a low of 22.50 to a high of 41.10. The Chemicals industry median Days Payable is 59.88. Sao Martinho's value of 34.34 is 42.6% below this industry median. Based on the distribution chart, Sao Martinho ranks #1071 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sao Martinho has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #1071 out of 1554 companies for Days Payable. This places Sao Martinho in the lower half of its industry. The industry median Days Payable is 59.88. Sao Martinho's value of 34.34 is 42.6% below this benchmark. Historically, Sao Martinho's own Days Payable has ranged from 22.50 to 41.10 over the past decade. While the company's 10-year median is 25.22 vs. the industry median of 59.88, Sao Martinho 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,554 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. Sao Martinho's current Days Payable of 34.34 is 42.6% 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 Sao Martinho and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Days Payable is 34.34, which is 36% above median its own 10-year median of 25.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.49, compared to a current price of R$15.45 — trading 39.4% below its estimated fair value. The current Days Payable is 34.34, which is 36% above median its 10-year median of 25.22 and 42.6% below the Chemicals industry median of 59.88. Sao Martinho's overall GF Score™ is 74/100 with 8 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 Sao Martinho (BSP:SMTO3), the current Days Payable is 34.34 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$15.45 is trading 39.4% below its estimated GF Value™ of R$25.49. GuruFocus considers Sao Martinho to be Possible Value Trap.

Key valuation signals for BSP:SMTO3:

  • Days Payable: 34.34 (36% above median its 10-year median of 25.22)
  • GF Value™: R$25.49 vs. price of R$15.45 (39.4% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 42.6% below the Chemicals median (#1071 of 1554)

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
74GF Score

Get the complete analysis for BSP:SMTO3

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

R$15.45
Price
R$25.49
GF Value