Technos (BSP:TECN3) Days Payable : 86.80 (As of Dec. 2023)

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What is Technos Days Payable?

Technos's average Accounts Payable for the three months ended in Dec. 2023 was R$46.2 Mil. Technos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$48.6 Mil. Hence, Technos's Days Payable for the three months ended in Dec. 2023 was 86.80.

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

BSP:TECN3' s Days Payable Range Over the Past 10 Years
Min: 31.27 Med: 101.02 Max: 210.57
Current: 93.9

During the past 13 years, Technos's highest Days Payable was 210.57. The lowest was 31.27. And the median was 101.02.

BSP:TECN3's Days Payable is ranked better than
72.63% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs BSP:TECN3: 93.90

Technos's Days Payable increased from Dec. 2022 (74.60) to Dec. 2023 (86.80). It may suggest that Technos delayed paying its suppliers.

Technos Days Payable Historical Data

The historical data trend for Technos'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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Technos Days Payable Chart

Technos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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143.84

210.57

131.91

114.89

98.28

Technos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															74.60	106.55	79.42	103.51	86.80

Competitive Comparison of Technos's Days Payable

For the Luxury Goods subindustry, Technos'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.

Technos's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Technos's Days Payable distribution charts can be found below:

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

Technos 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.

Technos'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
=	( (38.152	+	44.223)	/	2 )	/	152.966	*	365
=	41.1875					/	152.966	*	365
=	98.28

Technos's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (48.195	+	44.223)	/	2 )	/	48.579	*	365 / 4
=	46.209					/	48.579	*	365 / 4
=	86.80

Technos Days Payable Related Terms

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Technos (BSP:TECN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Technos SA (BSP:TECN3) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Avenida das Américas No. 3443, Room 101, Block 4, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22631003

Website

http://www.technos.com.br

Technos SA is primarily engaged in the manufacture and marketing of watches. The company produces and sells watches to middle class under brand name Technos, Mormii and Seiko. It acquired the rights to distribute and use the Timex brand exclusively throughout the national territory. In addition, the company also distribute brand name called Allora and Touch in the fashion segment. It derives most of its revenues from the sale of the watches and yarn and has operations spread across Brazil.

Technos (BSP:TECN3) Headlines

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