Ultrapar Participacoes (BSP:UGPA3) Days Payable : 12.42 (As of Sep. 2024)

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What is Ultrapar Participacoes Days Payable?

Ultrapar Participacoes's average Accounts Payable for the three months ended in Sep. 2024 was R$4,500 Mil. Ultrapar Participacoes's Cost of Goods Sold for the three months ended in Sep. 2024 was R$33,076 Mil. Hence, Ultrapar Participacoes's Days Payable for the three months ended in Sep. 2024 was 12.42.

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

BSP:UGPA3' s Days Payable Range Over the Past 10 Years
Min: 6.59 Med: 11.7 Max: 20.48
Current: 14.44

During the past 13 years, Ultrapar Participacoes's highest Days Payable was 20.48. The lowest was 6.59. And the median was 11.70.

BSP:UGPA3's Days Payable is ranked worse than
90.78% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs BSP:UGPA3: 14.44

Ultrapar Participacoes's Days Payable declined from Sep. 2023 (13.82) to Sep. 2024 (12.42). It may suggest that Ultrapar Participacoes accelerated paying its suppliers.

Ultrapar Participacoes Days Payable Historical Data

The historical data trend for Ultrapar Participacoes'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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Ultrapar Participacoes Days Payable Chart

Ultrapar Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.68

17.56

16.96

17.51

20.48

Ultrapar Participacoes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															13.82	16.15	16.27	13.64	12.42

Competitive Comparison of Ultrapar Participacoes's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.

Ultrapar Participacoes's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Days Payable distribution charts can be found below:

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

Ultrapar Participacoes 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.

Ultrapar Participacoes'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
=	( (7377.846	+	5722.037)	/	2 )	/	116730.469	*	365
=	6549.9415					/	116730.469	*	365
=	20.48

Ultrapar Participacoes'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
=	( (4658.12	+	4342.412)	/	2 )	/	33075.501	*	365 / 4
=	4500.266					/	33075.501	*	365 / 4
=	12.42

Ultrapar Participacoes Days Payable Related Terms

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Ultrapar Participacoes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultrapar Participacoes SA (BSP:UGPA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UGP:USA UGR:Germany UGP:Argentina

Address

Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910

Website

https://www.ultra.com.br

Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.

Ultrapar Participacoes Headlines

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