Araucaria Participacoes (BSP:VDNP3B) Days Payable: 36.65 (As of Jun. 2014)


What is Araucaria Participacoes Days Payable?

Araucaria Participacoes BSP:VDNP3B Days Payable is 36.65 as of Jun. 2014.

Araucaria Participacoes's average Accounts Payable for the three months ended in Jun. 2014 was R$11.28 Mil. Araucaria Participacoes's Cost of Goods Sold for the three months ended in Jun. 2014 was R$28.08 Mil. Hence, Araucaria Participacoes's Days Payable for the three months ended in Jun. 2014 was 36.65.

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

BSP:VDNP3B's Days Payable is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Days Payable only.

Araucaria Participacoes's Days Payable declined from Jun. 2013 (49.08) to Jun. 2014 (36.65). It may suggest that Araucaria Participacoes accelerated paying its suppliers.

Araucaria Participacoes Days Payable Historical Data

* Premium members only.

The historical data trend for Araucaria 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.

Araucaria Participacoes Days Payable Chart

Araucaria Participacoes Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
31.29 49.67 135.90 56.66 66.03

Araucaria Participacoes Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 49.08 49.63 67.29 49.31 36.65

Araucaria Participacoes Days Payable Competitor Comparison

For the subindustry, Araucaria 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.

Araucaria Participacoes Days Payable vs Industry

For the industry and sector, Araucaria Participacoes's Days Payable distribution charts can be found below:

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


Araucaria 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.

Araucaria Participacoes's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (8.781 + 20.586) / 2 ) / 81.166*365
=14.6835 / 81.166*365
=66.03

Araucaria Participacoes's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2014 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (13.834 + 8.72) / 2 ) / 28.076*365 / 4
=11.277 / 28.076*365 / 4
=36.65

* 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 36.65 mean?
Araucaria Participacoes (BSP:VDNP3B) has a Days Payable of 36.65 as of Jun. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Araucaria Participacoes and its competitors.
Is Araucaria Participacoes' Days Payable too high?
Araucaria Participacoes' current Days Payable is 36.65.
How does Araucaria Participacoes' Days Payable compare to competitors?
Araucaria Participacoes' Days Payable is 36.65. 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 company?
A good Days Payable depends on the industry context. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Araucaria Participacoes and its competitors. Araucaria Participacoes's current Days Payable is 36.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Araucaria Participacoes stock overvalued right now?
Araucaria Participacoes (BSP:VDNP3B) has a current Days Payable of 36.65. The current Days Payable is 36.65. 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 Araucaria Participacoes (BSP:VDNP3B), the current Days Payable is 36.65 as of Jun. 2014. 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.

Araucaria Participacoes Business Description