Vivara ParticipacoesBSP:VIVA3 +0.09%93 Days Payable is 81.58 as of Mar. 2026, which is 8% above its 10-year median of 75.42. GuruFocus rates BSP:VIVA3 with a GF Score™ of 93/100 and a GF Value™ of R$33.72 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,095 Retail - Cyclical companies, Vivara Participacoes ranks better than 62.19% on this metric.
The historical rank and industry rank for Vivara Participacoes's Days Payable or its related term are showing as below:
BSP:VIVA3'
s Days Payable Range Over the Past 10 Years
Min: 45.92 Med: 75.42 Max: 129.56
Current: 68.43
During the past 10 years, Vivara Participacoes's highest Days Payable was 129.56. The lowest was 45.92. And the median was 75.42.
BSP:VIVA3's Days Payable is ranked better than 62.19% of 1095
companies
in the Retail - Cyclical industry
Industry Median: 51.85
vs BSP:VIVA3: 68.43
Vivara Participacoes's Days Payable
declined
from Mar. 2025 (142.05) to Mar. 2026 (81.58).
It may suggest that Vivara Participacoesaccelerated paying its suppliers.
Vivara Participacoes Days Payable Related Terms
Vivara Participacoes Days Payable Historical Data
* Premium members only.
The historical data trend for Vivara 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.
BSP:VIVA3 vs TPR, SIG, CPRI: Days Payable Comparison
For the Luxury Goods subindustry, Vivara 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.
Vivara Participacoes Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vivara Participacoes's Days Payable distribution charts can be found below:
* The bar in red indicates where Vivara Participacoes's Days Payable falls into.
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.
Vivara Participacoes's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Vivara Participacoes (BSP:VIVA3) has a Days Payable of 81.58 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 Vivara Participacoes and its competitors. This is near median its historical median of 75.42. Over the past decade, Vivara Participacoes' Days Payable has ranged from 45.92 to 129.56. According to the industry distribution chart, Vivara Participacoes ranks #414 out of 1095 companies in the Retail - Cyclical industry, placing it in the top 37.8%.
Is Vivara Participacoes' Days Payable too high?
Vivara Participacoes' current Days Payable of 81.58 is near median its 10-year median of 75.42. Over the past 10 years, this metric has ranged from a low of 45.92 to a high of 129.56. The Retail - Cyclical industry median Days Payable is 51.85. Vivara Participacoes' value of 81.58 is 57.3% above this industry median. Based on the distribution chart, Vivara Participacoes ranks #414 out of 1095 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Vivara Participacoes has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vivara Participacoes' Days Payable compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Vivara Participacoes ranks #414 out of 1095 companies for Days Payable. This puts Vivara Participacoes in the upper half of its industry. The industry median Days Payable is 51.85. Vivara Participacoes' value of 81.58 is 57.3% above this benchmark. Historically, Vivara Participacoes' own Days Payable has ranged from 45.92 to 129.56 over the past decade. While the company's 10-year median is 75.42 vs. the industry median of 51.85, Vivara Participacoes has consistently been above 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.85, based on 1,095 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. Vivara Participacoes's current Days Payable of 81.58 is 57.3% above 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 Vivara Participacoes and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivara Participacoes's current Days Payable is 81.58, which is near median its own 10-year median of 75.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivara Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Vivara Participacoes (BSP:VIVA3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$33.72, compared to a current price of R$22.77 — trading 32.5% below its estimated fair value. The current Days Payable is 81.58, which is near median its 10-year median of 75.42 and 57.3% above the Retail - Cyclical industry median of 51.85. Vivara Participacoes' overall GF Score™ is 93/100 with 2 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 Vivara Participacoes (BSP:VIVA3), the current Days Payable is 81.58 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 Vivara Participacoes (BSP:VIVA3) Overvalued in 2026?
Based on GuruFocus' analysis, Vivara Participacoes stock appears to be undervalued.
The current stock price of R$22.77 is trading 32.5% below its estimated GF Value™ of R$33.72.
GuruFocus considers Vivara Participacoes to be Significantly Undervalued.
Key valuation signals for BSP:VIVA3:
Days Payable: 81.58 (near median its 10-year median of 75.42)
GF Value™: R$33.72 vs. price of R$22.77 (32.5% below fair value)
Industry Position: 57.3% above the Retail - Cyclical median (#414 of 1095)
No single metric tells the full story. See the BSP:VIVA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vivara Participacoes SA is a Brazil-based company engaged in operating jewelry chain in Brazil. Its brands Vivara, Life by Vivara, Vivara Watches, Vivara Accessories e Vivara Fragrances are available at multiple sales points across the country. The firm operates business through Physical Stores, online sales and others. Substantial revenue is earned from the sales of Jewelry items.
93GF Score
Get the complete analysis for BSP:VIVA3
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:VIVA3 has been successfully added to your 
