Sondotecnica Engenharia Solos (BSP:SOND5) Days Payable : 5.98 (As of Jun. 2024)

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What is Sondotecnica Engenharia Solos Days Payable?

Sondotecnica Engenharia Solos's average Accounts Payable for the three months ended in Jun. 2024 was R$2.0 Mil. Sondotecnica Engenharia Solos's Cost of Goods Sold for the three months ended in Jun. 2024 was R$30.2 Mil. Hence, Sondotecnica Engenharia Solos's Days Payable for the three months ended in Jun. 2024 was 5.98.

The historical rank and industry rank for Sondotecnica Engenharia Solos's Days Payable or its related term are showing as below:

BSP:SOND5' s Days Payable Range Over the Past 10 Years
Min: 3.47 Med: 5.85 Max: 8.79
Current: 6.09

During the past 13 years, Sondotecnica Engenharia Solos's highest Days Payable was 8.79. The lowest was 3.47. And the median was 5.85.

BSP:SOND5's Days Payable is ranked worse than
99.45% of 1645 companies
in the Construction industry
Industry Median: 75.38 vs BSP:SOND5: 6.09

Sondotecnica Engenharia Solos's Days Payable increased from Jun. 2023 (5.29) to Jun. 2024 (5.98). It may suggest that Sondotecnica Engenharia Solos delayed paying its suppliers.

Sondotecnica Engenharia Solos Days Payable Historical Data

The historical data trend for Sondotecnica Engenharia Solos'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.

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Sondotecnica Engenharia Solos Days Payable Chart

Sondotecnica Engenharia Solos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.44

4.77

3.47

4.62

4.70

Sondotecnica Engenharia Solos Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															5.29	7.53	7.13	4.66	5.98

Competitive Comparison of Sondotecnica Engenharia Solos's Days Payable

For the Engineering & Construction subindustry, Sondotecnica Engenharia Solos'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.

Sondotecnica Engenharia Solos's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sondotecnica Engenharia Solos's Days Payable distribution charts can be found below:

* The bar in red indicates where Sondotecnica Engenharia Solos's Days Payable falls into.

Sondotecnica Engenharia Solos 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.

Sondotecnica Engenharia Solos's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.61	+	1.13)	/	2 )	/	106.313	*	365
=	1.37					/	106.313	*	365
=	4.70

Sondotecnica Engenharia Solos's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.882	+	2.074)	/	2 )	/	30.201	*	365 / 4
=	1.978					/	30.201	*	365 / 4
=	5.98

Sondotecnica Engenharia Solos Days Payable Related Terms

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Sondotecnica Engenharia Solos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sondotecnica Engenharia Solos SA (BSP:SOND5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

R Voluntarios Da Patria 45, Salas 501 a 504, 7th to 9th floor, Salas 1001 a 1003, Botafogo, Rio de Janeiro, RJ, BRA, 22277-900

Website

http://www.sondotecnica.com.br

Sondotecnica Engenharia Solos SA is a Brazil-based company engaged in the provision of services in the engineering sector. It provides engineering consultancy services in the areas of transport, sanitation, hydraulics, environment, electricity, oil & gas & special projects. Its activities include feasibility studies, master planning & others.

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