Tegma Gestao Logistica (BSP:TGMA3) Days Payable: 2.64 (As of Mar. 2026) — 13% Above Median


BSP:TGMA3 Tegma Gestao Logistica SA BSP:TGMA3
93 GF Score
Price R$30.33
GF Value R$37.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tegma Gestao Logistica Days Payable?

Tegma Gestao Logistica BSP:TGMA3 +1.78% 93 Days Payable is 2.64 as of Mar. 2026, which is 13% above its 10-year median of 2.33. GuruFocus rates BSP:TGMA3 with a GF Score™ of 93/100 and a GF Value™ of R$37.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 963 Transportation companies, Tegma Gestao Logistica ranks worse than 99.07% on this metric.

Tegma Gestao Logistica's average Accounts Payable for the three months ended in Mar. 2026 was R$13 Mil. Tegma Gestao Logistica's Cost of Goods Sold for the three months ended in Mar. 2026 was R$437 Mil. Hence, Tegma Gestao Logistica's Days Payable for the three months ended in Mar. 2026 was 2.64.

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

BSP:TGMA3' s Days Payable Range Over the Past 10 Years
Min: 1.21   Med: 2.33   Max: 9.48
Current: 1.86

During the past 13 years, Tegma Gestao Logistica's highest Days Payable was 9.48. The lowest was 1.21. And the median was 2.33.

BSP:TGMA3's Days Payable is ranked worse than
99.07% of 963 companies
in the Transportation industry
Industry Median: 38.96 vs BSP:TGMA3: 1.86

Tegma Gestao Logistica's Days Payable increased from Mar. 2025 (1.75) to Mar. 2026 (2.64). It may suggest that Tegma Gestao Logistica delayed paying its suppliers.


Tegma Gestao Logistica Days Payable Historical Data

* Premium members only.

The historical data trend for Tegma Gestao Logistica'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.

Tegma Gestao Logistica Days Payable Chart

Tegma Gestao Logistica 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 2.32 9.48 8.44 1.89 2.33

Tegma Gestao Logistica 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 1.75 1.52 1.49 2.11 2.64

BSP:TGMA3 vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, Tegma Gestao Logistica'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.


Tegma Gestao Logistica Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Tegma Gestao Logistica's Days Payable distribution charts can be found below:

* The bar in red indicates where Tegma Gestao Logistica's Days Payable falls into.


BSP:TGMA3
93GF Score
Tegma Gestao Logistica SA BSP:TGMA3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tegma Gestao Logistica 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.

Tegma Gestao Logistica'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
=( (7.54 + 15.367) / 2 ) / 1796.274*365
=11.4535 / 1796.274*365
=2.33

Tegma Gestao Logistica'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
=( (15.367 + 9.92) / 2 ) / 437.356*365 / 4
=12.6435 / 437.356*365 / 4
=2.64

* 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 2.64 mean?
Tegma Gestao Logistica (BSP:TGMA3) has a Days Payable of 2.64 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 Tegma Gestao Logistica and its competitors. This is 13% above median its historical median of 2.33. Over the past decade, Tegma Gestao Logistica's Days Payable has ranged from 1.21 to 9.48. According to the industry distribution chart, Tegma Gestao Logistica ranks #954 out of 963 companies in the Transportation industry, placing it in the top 99.1%.
Is Tegma Gestao Logistica's Days Payable too high?
Tegma Gestao Logistica's current Days Payable of 2.64 is 13% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 9.48. The Transportation industry median Days Payable is 38.96. Tegma Gestao Logistica's value of 2.64 is 93.2% below this industry median. Based on the distribution chart, Tegma Gestao Logistica ranks #954 out of 963 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tegma Gestao Logistica has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tegma Gestao Logistica's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Tegma Gestao Logistica ranks #954 out of 963 companies for Days Payable. This places Tegma Gestao Logistica in the lower half of its industry. The industry median Days Payable is 38.96. Tegma Gestao Logistica's value of 2.64 is 93.2% below this benchmark. Historically, Tegma Gestao Logistica's own Days Payable has ranged from 1.21 to 9.48 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 38.96, Tegma Gestao Logistica 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 Transportation company?
The median Days Payable among Transportation companies is 38.96, based on 963 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. Tegma Gestao Logistica's current Days Payable of 2.64 is 93.2% 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 Tegma Gestao Logistica and its competitors. For the Transportation industry, the median Days Payable is 38.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tegma Gestao Logistica's current Days Payable is 2.64, which is 13% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tegma Gestao Logistica stock overvalued right now?
Based on GuruFocus' analysis, Tegma Gestao Logistica (BSP:TGMA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.71, compared to a current price of R$30.33 — trading 19.6% below its estimated fair value. The current Days Payable is 2.64, which is 13% above median its 10-year median of 2.33 and 93.2% below the Transportation industry median of 38.96. Tegma Gestao Logistica's overall GF Score™ is 93/100 with 3 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 Tegma Gestao Logistica (BSP:TGMA3), the current Days Payable is 2.64 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 Tegma Gestao Logistica (BSP:TGMA3) Overvalued in 2026?

Based on GuruFocus' analysis, Tegma Gestao Logistica stock appears to be undervalued. The current stock price of R$30.33 is trading 19.6% below its estimated GF Value™ of R$37.71. GuruFocus considers Tegma Gestao Logistica to be Modestly Undervalued.

Key valuation signals for BSP:TGMA3:

  • Days Payable: 2.64 (13% above median its 10-year median of 2.33)
  • GF Value™: R$37.71 vs. price of R$30.33 (19.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 93.2% below the Transportation median (#954 of 963)

No single metric tells the full story. See the BSP:TGMA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tegma Gestao Logistica Business Description

Address Avenue Nicola Demarchi 2000, Bairro Demarchi, Sao Bernardo Do Campo, SP, BRA, 9820-655
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.
93GF Score

Get the complete analysis for BSP:TGMA3

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

R$30.33
Price
R$37.71
GF Value