Tres Tentos Agroindustrial (BSP:TTEN3) Days Payable : 73.70 (As of Sep. 2024)

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What is Tres Tentos Agroindustrial Days Payable?

Tres Tentos Agroindustrial's average Accounts Payable for the three months ended in Sep. 2024 was R$2,315 Mil. Tres Tentos Agroindustrial's Cost of Goods Sold for the three months ended in Sep. 2024 was R$2,866 Mil. Hence, Tres Tentos Agroindustrial's Days Payable for the three months ended in Sep. 2024 was 73.70.

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

BSP:TTEN3' s Days Payable Range Over the Past 10 Years
Min: 81.47 Med: 96.93 Max: 121.08
Current: 81.47

During the past 4 years, Tres Tentos Agroindustrial's highest Days Payable was 121.08. The lowest was 81.47. And the median was 96.93.

BSP:TTEN3's Days Payable is ranked better than
50.83% of 242 companies
in the Agriculture industry
Industry Median: 79.485 vs BSP:TTEN3: 81.47

Tres Tentos Agroindustrial's Days Payable declined from Sep. 2023 (80.26) to Sep. 2024 (73.70). It may suggest that Tres Tentos Agroindustrial accelerated paying its suppliers.

Tres Tentos Agroindustrial Days Payable Historical Data

The historical data trend for Tres Tentos Agroindustrial'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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Tres Tentos Agroindustrial Days Payable Chart

Tres Tentos Agroindustrial Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

121.08

82.33

99.73

94.13

Tres Tentos Agroindustrial Quarterly Data
	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial											80.26	68.43	91.23	104.26	73.70

Competitive Comparison of Tres Tentos Agroindustrial's Days Payable

For the Agricultural Inputs subindustry, Tres Tentos Agroindustrial'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.

Tres Tentos Agroindustrial's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tres Tentos Agroindustrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Tres Tentos Agroindustrial's Days Payable falls into.

Tres Tentos Agroindustrial 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.

Tres Tentos Agroindustrial'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
=	( (1966.774	+	2032.13)	/	2 )	/	7752.979	*	365
=	1999.452					/	7752.979	*	365
=	94.13

Tres Tentos Agroindustrial's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2430.176	+	2199.118)	/	2 )	/	2866.006	*	365 / 4
=	2314.647					/	2866.006	*	365 / 4
=	73.70

Tres Tentos Agroindustrial Days Payable Related Terms

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Tres Tentos Agroindustrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tres Tentos Agroindustrial SA (BSP:TTEN3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Principal, 187, P.O. Box 41, Distrito Industrial, Santa Barbara do Sul, RS, BRA, 98240-000

Website

https://www.3tentos.com.br

Tres Tentos Agroindustrial SA is an agricultural company that offers vertically oriented and integrated solutions to farmers and a wide range of retail products in the agricultural input, grain, and industrial segments. The company also offers farmers' training, consulting, and technical services. the reporting segments of the Company are; Agricultural inputs include the marketing of fertilizers, plant-protection products, foliar fertilizers, and soybean, corn, and wheat seeds, Grains include operations involving the physical receipt, standardization, and trading of grain acquired from third parties, and Industry include operations involving the processing of soybean to produce meal and biodiesel.

Tres Tentos Agroindustrial Headlines

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