Construtora Tenda (BSP:TEND3) Days Payable: 42.67 (As of Mar. 2026) — 93% Above Median


BSP:TEND3 Construtora Tenda SA BSP:TEND3
68 GF Score
Price R$36.85
GF Value R$20.58
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Construtora Tenda Days Payable?

Construtora Tenda BSP:TEND3 +2.11% 68 Days Payable is 42.67 as of Mar. 2026, which is 93% above its 10-year median of 22.09. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,573 Real Estate companies, Construtora Tenda ranks worse than 75.72% on this metric.

Construtora Tenda's average Accounts Payable for the three months ended in Mar. 2026 was R$367 Mil. Construtora Tenda's Cost of Goods Sold for the three months ended in Mar. 2026 was R$785 Mil. Hence, Construtora Tenda's Days Payable for the three months ended in Mar. 2026 was 42.67.

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

BSP:TEND3' s Days Payable Range Over the Past 10 Years
Min: 7.36   Med: 22.09   Max: 43.6
Current: 40.4

During the past 13 years, Construtora Tenda's highest Days Payable was 43.60. The lowest was 7.36. And the median was 22.09.

BSP:TEND3's Days Payable is ranked worse than
75.72% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs BSP:TEND3: 40.40

Construtora Tenda's Days Payable increased from Mar. 2025 (39.66) to Mar. 2026 (42.67). It may suggest that Construtora Tenda delayed paying its suppliers.


Construtora Tenda Days Payable Historical Data

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The historical data trend for Construtora Tenda'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.

Construtora Tenda Days Payable Chart

Construtora Tenda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 21.09 23.08 29.16 35.73

Construtora Tenda 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 39.66 40.74 39.78 39.05 42.67

Construtora Tenda Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Construtora Tenda's Days Payable distribution charts can be found below:

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


BSP:TEND3
68GF Score
Construtora Tenda SA BSP:TEND3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Construtora Tenda 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.

Construtora Tenda's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (228.364 + 342.909) / 2 ) / 2917.998*365
=285.6365 / 2917.998*365
=35.73

Construtora Tenda'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
=( (342.909 + 391.487) / 2 ) / 785.265*365 / 4
=367.198 / 785.265*365 / 4
=42.67

* 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 42.67 mean?
Construtora Tenda (BSP:TEND3) has a Days Payable of 42.67 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 Construtora Tenda and its competitors. This is 93% above median its historical median of 22.09. Over the past decade, Construtora Tenda's Days Payable has ranged from 7.36 to 43.60. According to the industry distribution chart, Construtora Tenda ranks #1191 out of 1573 companies in the Real Estate industry, placing it in the top 75.7%.
Is Construtora Tenda's Days Payable too high?
Construtora Tenda's current Days Payable of 42.67 is 93% above median its 10-year median of 22.09. Over the past 10 years, this metric has ranged from a low of 7.36 to a high of 43.60. The Real Estate industry median Days Payable is 94.03. Construtora Tenda's value of 42.67 is 54.6% below this industry median. Based on the distribution chart, Construtora Tenda ranks #1191 out of 1573 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #1191 out of 1573 companies for Days Payable. This places Construtora Tenda in the lower half of its industry. The industry median Days Payable is 94.03. Construtora Tenda's value of 42.67 is 54.6% below this benchmark. Historically, Construtora Tenda's own Days Payable has ranged from 7.36 to 43.60 over the past decade. While the company's 10-year median is 22.09 vs. the industry median of 94.03, Construtora Tenda 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Construtora Tenda's current Days Payable of 42.67 is 54.6% 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 Construtora Tenda and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current Days Payable is 42.67, which is 93% above median its own 10-year median of 22.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.58, compared to a current price of R$36.85 — trading 79.1% above its estimated fair value. The current Days Payable is 42.67, which is 93% above median its 10-year median of 22.09 and 54.6% below the Real Estate industry median of 94.03. Construtora Tenda's overall GF Score™ is 68/100 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 Construtora Tenda (BSP:TEND3), the current Days Payable is 42.67 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?

Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued. The current stock price of R$36.85 is trading 79.1% above its estimated GF Value™ of R$20.58. GuruFocus considers Construtora Tenda to be Significantly Overvalued.

Key valuation signals for BSP:TEND3:

  • Days Payable: 42.67 (93% above median its 10-year median of 22.09)
  • GF Value™: R$20.58 vs. price of R$36.85 (79.1% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 54.6% below the Real Estate median (#1191 of 1573)

No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construtora Tenda Business Description

Address Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score

Get the complete analysis for BSP:TEND3

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

R$36.85
Price
R$20.58
GF Value