* 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.
Cia Energetica DE Minas Gerais - Cemig Days Payable Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig'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.
Cia Energetica DE Minas Gerais - Cemig Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Days Payable distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Days Payable falls into.
Cia Energetica DE Minas Gerais - Cemig 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.
* 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.
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a Days Payable of 48.00 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 10% above median its historical median of 43.74. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Days Payable has ranged from 35.77 to 48.58. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #331 out of 483 companies in the Utilities - Regulated industry, placing it in the top 68.5%.
Is Cia Energetica DE Minas Gerais - Cemig's Days Payable too high?
Cia Energetica DE Minas Gerais - Cemig's current Days Payable of 48.00 is 10% above median its 10-year median of 43.74. Over the past 10 years, this metric has ranged from a low of 35.77 to a high of 48.58. The Utilities - Regulated industry median Days Payable is 70.35. Cia Energetica DE Minas Gerais - Cemig's value of 48.00 is 31.8% below this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #331 out of 483 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #331 out of 483 companies for Days Payable. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Days Payable is 70.35. Cia Energetica DE Minas Gerais - Cemig's value of 48.00 is 31.8% below this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Days Payable has ranged from 35.77 to 48.58 over the past decade. While the company's 10-year median is 43.74 vs. the industry median of 70.35, Cia Energetica DE Minas Gerais - Cemig 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Cia Energetica DE Minas Gerais - Cemig's current Days Payable of 48.00 is 31.8% 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current Days Payable is 48.00, which is 10% above median its own 10-year median of 43.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) is currently considered Significantly Undervalued. The stock's GF Value™ is €440.28, compared to a current price of €1.89 — trading 99.6% below its estimated fair value. The current Days Payable is 48.00, which is 10% above median its 10-year median of 43.74 and 31.8% below the Utilities - Regulated industry median of 70.35. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 65/100 with 4 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 Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Days Payable is 48.00 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 Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of €1.89 is trading 99.6% below its estimated GF Value™ of €440.28.
GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.
Key valuation signals for FRA:CIDA:
Days Payable: 48.00 (10% above median its 10-year median of 43.74)
GF Value™: €440.28 vs. price of €1.89 (99.6% below fair value)
Industry Position: 31.8% below the Utilities - Regulated median (#331 of 483)
No single metric tells the full story. See the FRA:CIDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig Business Description
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
65GF Score
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