Fiplasto (BUE:FIPL) Days Payable: 37.71 (As of Mar. 2026) — 31% Below Median

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BUE:FIPL Fiplasto SA BUE:FIPL
63 GF Score
Price ARS157.00
GF Value ARS207.24
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Fiplasto Days Payable?

Fiplasto BUE:FIPL -1.88% 63 Days Payable is 37.71 as of Mar. 2026, which is 31% below its 10-year median of 54.38. GuruFocus rates BUE:FIPL with a GF Score™ of 63/100 and a GF Value™ of ARS207.24 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Fiplasto ranks worse than 56.01% on this metric.

Fiplasto's average Accounts Payable for the three months ended in Mar. 2026 was ARS5,657 Mil. Fiplasto's Cost of Goods Sold for the three months ended in Mar. 2026 was ARS13,689 Mil. Hence, Fiplasto's Days Payable for the three months ended in Mar. 2026 was 37.71.

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

BUE:FIPL' s Days Payable Range Over the Past 10 Years
Min: 33.07   Med: 54.38   Max: 67.95
Current: 57.11

During the past 13 years, Fiplasto's highest Days Payable was 67.95. The lowest was 33.07. And the median was 54.38.

BUE:FIPL's Days Payable is ranked worse than
56.01% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03 vs BUE:FIPL: 57.11

Fiplasto's Days Payable declined from Mar. 2025 (43.12) to Mar. 2026 (37.71). It may suggest that Fiplasto accelerated paying its suppliers.


Fiplasto Days Payable Historical Data

* Premium members only.

The historical data trend for Fiplasto'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.

Fiplasto Days Payable Chart

Fiplasto Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.40 43.64 33.07 50.35 58.40

Fiplasto 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 43.12 129.65 59.62 52.22 37.71

BUE:FIPL vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiplasto'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.


Fiplasto Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiplasto's Days Payable distribution charts can be found below:

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


BUE:FIPL
63GF Score
Fiplasto SA BUE:FIPL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiplasto 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.

Fiplasto's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (3655 + 5799) / 2 ) / 29544*365
=4727 / 29544*365
=58.40

Fiplasto'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
=( (5226 + 6088) / 2 ) / 13689*365 / 4
=5657 / 13689*365 / 4
=37.71

* 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 37.71 mean?
Fiplasto (BUE:FIPL) has a Days Payable of 37.71 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 Fiplasto and its competitors. This is 31% below median its historical median of 54.38. Over the past decade, Fiplasto's Days Payable has ranged from 33.07 to 67.95. According to the industry distribution chart, Fiplasto ranks #233 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 56%.
Is Fiplasto's Days Payable too high?
Fiplasto's current Days Payable of 37.71 is 31% below median its 10-year median of 54.38. Over the past 10 years, this metric has ranged from a low of 33.07 to a high of 67.95. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. Fiplasto's value of 37.71 is 40.2% below this industry median. Based on the distribution chart, Fiplasto ranks #233 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Fiplasto has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiplasto's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fiplasto ranks #233 out of 416 companies for Days Payable. This places Fiplasto in the lower half of its industry. The industry median Days Payable is 63.03. Fiplasto's value of 37.71 is 40.2% below this benchmark. Historically, Fiplasto's own Days Payable has ranged from 33.07 to 67.95 over the past decade. While the company's 10-year median is 54.38 vs. the industry median of 63.03, Fiplasto 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. Fiplasto's current Days Payable of 37.71 is 40.2% 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 Fiplasto and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiplasto's current Days Payable is 37.71, which is 31% below median its own 10-year median of 54.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiplasto stock overvalued right now?
Based on GuruFocus' analysis, Fiplasto (BUE:FIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS207.24, compared to a current price of ARS157.00 — trading 24.2% below its estimated fair value. The current Days Payable is 37.71, which is 31% below median its 10-year median of 54.38 and 40.2% below the Furnishings, Fixtures & Appliances industry median of 63.03. Fiplasto's overall GF Score™ is 63/100 with 12 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 Fiplasto (BUE:FIPL), the current Days Payable is 37.71 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 Fiplasto (BUE:FIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Fiplasto stock appears to be undervalued. The current stock price of ARS157.00 is trading 24.2% below its estimated GF Value™ of ARS207.24. GuruFocus considers Fiplasto to be Modestly Undervalued.

Key valuation signals for BUE:FIPL:

  • Days Payable: 37.71 (31% below median its 10-year median of 54.38)
  • GF Value™: ARS207.24 vs. price of ARS157.00 (24.2% below fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 40.2% below the Furnishings, Fixtures & Appliances median (#233 of 416)

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


Fiplasto Business Description

Address Piso 10, Alsina 756, Buenos Aires, ARG, C1087AAL
Fiplasto SA operates in the furniture industry. The principal business activity of the company is the manufacturing and marketing of wood fiber boards. The company serves a wide variety of industries in Argentina and the world that use its hardboard products for applications as diverse as auto parts, packaging, manufacture of furniture and doors, boards, formworks for construction, exhibitors, and posters. The company has two segments, Hardboard and Furniture, where it generates the majority of its revenue from the Hardboard segment.
63GF Score

Get the complete analysis for BUE:FIPL

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

ARS157.00
Price
ARS207.24
GF Value