Cosan (CSAN) Days Payable: 59.18 (As of Mar. 2026) — 10% Above Median


CSAN Cosan SA CSAN
60 GF Score
Price $2.88
GF Value $6.23
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cosan Days Payable?

Cosan CSAN -0.35% 60 Days Payable is 59.18 as of Mar. 2026, which is 10% above its 10-year median of 53.93. GuruFocus rates CSAN with a GF Score™ of 60/100 and a GF Value™ of $6.23 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Cosan ranks worse than 52.06% on this metric.

Cosan's average Accounts Payable for the three months ended in Mar. 2026 was $738 Mil. Cosan's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,138 Mil. Hence, Cosan's Days Payable for the three months ended in Mar. 2026 was 59.18.

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

CSAN' s Days Payable Range Over the Past 10 Years
Min: 39.32   Med: 53.93   Max: 119.86
Current: 55.04

During the past 13 years, Cosan's highest Days Payable was 119.86. The lowest was 39.32. And the median was 53.93.

CSAN's Days Payable is ranked worse than
52.06% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CSAN: 55.04

Cosan's Days Payable increased from Mar. 2025 (58.88) to Mar. 2026 (59.18). It may suggest that Cosan delayed paying its suppliers.


Cosan Days Payable Historical Data

* Premium members only.

The historical data trend for Cosan'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.

Cosan Days Payable Chart

Cosan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.34 43.82 50.85 60.66 58.28

Cosan 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 58.88 51.73 52.60 56.54 59.18

CSAN vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan Days Payable vs Oil & Gas Industry

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

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


CSAN
60GF Score
Cosan SA CSAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cosan 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.

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

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (847.171 + 747.569) / 2 ) / 4993.491*365
=797.37 / 4993.491*365
=58.28

Cosan'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
=( (747.569 + 728.972) / 2 ) / 1138.332*365 / 4
=738.2705 / 1138.332*365 / 4
=59.18

* 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 59.18 mean?
Cosan (CSAN) has a Days Payable of 59.18 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 Cosan and its competitors. This is 10% above median its historical median of 53.93. Over the past decade, Cosan's Days Payable has ranged from 39.32 to 119.86. According to the industry distribution chart, Cosan ranks #442 out of 849 companies in the Oil & Gas industry, placing it in the top 52.1%.
Is Cosan's Days Payable too high?
Cosan's current Days Payable of 59.18 is 10% above median its 10-year median of 53.93. Over the past 10 years, this metric has ranged from a low of 39.32 to a high of 119.86. The Oil & Gas industry median Days Payable is 57.95. Cosan's value of 59.18 is 2.1% above this industry median. Based on the distribution chart, Cosan ranks #442 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Cosan has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cosan's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Cosan ranks #442 out of 849 companies for Days Payable. This places Cosan in the lower half of its industry. The industry median Days Payable is 57.95. Cosan's value of 59.18 is 2.1% above this benchmark. Historically, Cosan's own Days Payable has ranged from 39.32 to 119.86 over the past decade. While the company's 10-year median is 53.93 vs. the industry median of 57.95, Cosan 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. Cosan's current Days Payable of 59.18 is 2.1% 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 Cosan and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosan's current Days Payable is 59.18, which is 10% above median its own 10-year median of 53.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosan stock overvalued right now?
Based on GuruFocus' analysis, Cosan (CSAN) is currently considered Possible Value Trap. The stock's GF Value™ is $6.23, compared to a current price of $2.88 — trading 53.8% below its estimated fair value. The current Days Payable is 59.18, which is 10% above median its 10-year median of 53.93 and 2.1% above the Oil & Gas industry median of 57.95. Cosan's overall GF Score™ is 60/100 with 3 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 Cosan (CSAN), the current Days Payable is 59.18 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 Cosan (CSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Cosan stock appears to be undervalued. The current stock price of $2.88 is trading 53.8% below its estimated GF Value™ of $6.23. GuruFocus considers Cosan to be Possible Value Trap.

Key valuation signals for CSAN:

  • Days Payable: 59.18 (10% above median its 10-year median of 53.93)
  • GF Value™: $6.23 vs. price of $2.88 (53.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 2.1% above the Oil & Gas median (#442 of 849)

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


Cosan Business Description

Industry EnergyOil & Gas
Other Exchanges 9CI0:GermanyCSAN3:Brazil
Address Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Its reportable segments are Raizen, Compass, Moove, Rumo, and Radar. It generates the majority of its revenue from Raizen which operates in the production, commercialization, origination, and trading of ethanol, bioenergy, resale, and trading of electricity, renewable sources, marketing, origination, and trading of sugar and fuels, and lubricant.
60GF Score

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

$2.88
Price
$6.23
GF Value