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SuzanoBSP:SUZB3 -0.14%69 Days Payable is 59.15 as of Mar. 2026, which is 24% above its 10-year median of 47.81. GuruFocus rates BSP:SUZB3 with a GF Score™ of 69/100 and a GF Value™ of R$58.85 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 276 Forest Products companies, Suzano ranks better than 51.09% on this metric.
Suzano's average Accounts Payable for the
three
months ended in Mar. 2026 was R$5,061 Mil. Suzano's Cost of Goods Sold for the
three
months ended in Mar. 2026 was R$7,808 Mil.
Hence, Suzano's Days Payable for the
three
months ended in Mar. 2026 was 59.15.
The historical rank and industry rank for Suzano's Days Payable or its related term are showing as below:
BSP:SUZB3'
s Days Payable Range Over the Past 10 Years
Min: 26.47 Med: 47.81 Max: 85.72
Current: 58.4
During the past 13 years, Suzano's highest Days Payable was 85.72. The lowest was 26.47. And the median was 47.81.
BSP:SUZB3's Days Payable is ranked better than 51.09% of 276
companies
in the Forest Products industry
Industry Median: 56.785
vs BSP:SUZB3: 58.40
Suzano's Days Payable
declined
from Mar. 2025 (69.08) to Mar. 2026 (59.15).
It may suggest that Suzanoaccelerated paying its suppliers.
Suzano Days Payable Related Terms
Suzano Days Payable Historical Data
* Premium members only.
The historical data trend for Suzano'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 Paper & Paper Products subindustry, Suzano'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.
Suzano Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Suzano's Days Payable distribution charts can be found below:
* The bar in red indicates where Suzano'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.
Suzano'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.
Suzano (BSP:SUZB3) has a Days Payable of 59.15 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 Suzano and its competitors. This is 24% above median its historical median of 47.81. Over the past decade, Suzano's Days Payable has ranged from 26.47 to 85.72. According to the industry distribution chart, Suzano ranks #135 out of 276 companies in the Forest Products industry, placing it in the top 48.9%.
Is Suzano's Days Payable too high?
Suzano's current Days Payable of 59.15 is 24% above median its 10-year median of 47.81. Over the past 10 years, this metric has ranged from a low of 26.47 to a high of 85.72. The Forest Products industry median Days Payable is 56.79. Suzano's value of 59.15 is 4.2% above this industry median. Based on the distribution chart, Suzano ranks #135 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Suzano has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzano's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, Suzano ranks #135 out of 276 companies for Days Payable. This puts Suzano in the upper half of its industry. The industry median Days Payable is 56.79. Suzano's value of 59.15 is 4.2% above this benchmark. Historically, Suzano's own Days Payable has ranged from 26.47 to 85.72 over the past decade. While the company's 10-year median is 47.81 vs. the industry median of 56.79, Suzano 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.79, based on 276 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. Suzano's current Days Payable of 59.15 is 4.2% 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 Suzano and its competitors. For the Forest Products industry, the median Days Payable is 56.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzano's current Days Payable is 59.15, which is 24% above median its own 10-year median of 47.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzano stock overvalued right now?
Based on GuruFocus' analysis, Suzano (BSP:SUZB3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$58.85, compared to a current price of R$41.49 — trading 29.5% below its estimated fair value. The current Days Payable is 59.15, which is 24% above median its 10-year median of 47.81 and 4.2% above the Forest Products industry median of 56.79. Suzano's overall GF Score™ is 69/100 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 Suzano (BSP:SUZB3), the current Days Payable is 59.15 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 Suzano (BSP:SUZB3) Overvalued in 2026?
Based on GuruFocus' analysis, Suzano stock appears to be undervalued.
The current stock price of R$41.49 is trading 29.5% below its estimated GF Value™ of R$58.85.
GuruFocus considers Suzano to be Modestly Undervalued.
Key valuation signals for BSP:SUZB3:
Days Payable: 59.15 (24% above median its 10-year median of 47.81)
GF Value™: R$58.85 vs. price of R$41.49 (29.5% below fair value)
Industry Position: 4.2% above the Forest Products median (#135 of 276)
No single metric tells the full story. See the BSP:SUZB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants.
69GF Score
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