Masisa (XSGO:MASISA) Days Payable: 60.66 (As of Mar. 2026) — 32% Above Median


XSGO:MASISA Masisa SA XSGO:MASISA
42 GF Score
Price CLP8.90
GF Value CLP15.22
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Masisa Days Payable?

Masisa XSGO:MASISA 42 Days Payable is 60.66 as of Mar. 2026, which is 32% above its 10-year median of 46.00. GuruFocus rates XSGO:MASISA with a GF Score™ of 42/100 and a GF Value™ of CLP15.22 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 276 Forest Products companies, Masisa ranks better than 58.7% on this metric.

Masisa's average Accounts Payable for the three months ended in Mar. 2026 was CLP38,280 Mil. Masisa's Cost of Goods Sold for the three months ended in Mar. 2026 was CLP57,581 Mil. Hence, Masisa's Days Payable for the three months ended in Mar. 2026 was 60.66.

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

XSGO:MASISA' s Days Payable Range Over the Past 10 Years
Min: 28.62   Med: 46   Max: 70.78
Current: 67.18

During the past 13 years, Masisa's highest Days Payable was 70.78. The lowest was 28.62. And the median was 46.00.

XSGO:MASISA's Days Payable is ranked better than
58.7% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs XSGO:MASISA: 67.18

Masisa's Days Payable declined from Mar. 2025 (74.04) to Mar. 2026 (60.66). It may suggest that Masisa accelerated paying its suppliers.


Masisa Days Payable Historical Data

* Premium members only.

The historical data trend for Masisa'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.

Masisa Days Payable Chart

Masisa 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 44.30 47.69 49.12 56.39 70.78

Masisa 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 74.04 70.83 71.42 67.26 60.66

XSGO:MASISA vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Masisa'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.


Masisa Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Masisa's Days Payable distribution charts can be found below:

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


XSGO:MASISA
42GF Score
Masisa SA XSGO:MASISA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Masisa 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.

Masisa'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
=( (51699.749 + 35801.966) / 2 ) / 225613.709*365
=43750.8575 / 225613.709*365
=70.78

Masisa'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
=( (35801.966 + 40757.706) / 2 ) / 57581.418*365 / 4
=38279.836 / 57581.418*365 / 4
=60.66

* 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 60.66 mean?
Masisa (XSGO:MASISA) has a Days Payable of 60.66 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 Masisa and its competitors. This is 32% above median its historical median of 46.00. Over the past decade, Masisa's Days Payable has ranged from 28.62 to 70.78. According to the industry distribution chart, Masisa ranks #114 out of 276 companies in the Forest Products industry, placing it in the top 41.3%.
Is Masisa's Days Payable too high?
Masisa's current Days Payable of 60.66 is 32% above median its 10-year median of 46.00. Over the past 10 years, this metric has ranged from a low of 28.62 to a high of 70.78. The Forest Products industry median Days Payable is 57.93. Masisa's value of 60.66 is 4.7% above this industry median. Based on the distribution chart, Masisa ranks #114 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Masisa has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Masisa's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Masisa ranks #114 out of 276 companies for Days Payable. This puts Masisa in the upper half of its industry. The industry median Days Payable is 57.93. Masisa's value of 60.66 is 4.7% above this benchmark. Historically, Masisa's own Days Payable has ranged from 28.62 to 70.78 over the past decade. While the company's 10-year median is 46.00 vs. the industry median of 57.93, Masisa 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Masisa's current Days Payable of 60.66 is 4.7% 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 Masisa and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masisa's current Days Payable is 60.66, which is 32% above median its own 10-year median of 46.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masisa stock overvalued right now?
Based on GuruFocus' analysis, Masisa (XSGO:MASISA) is currently considered Possible Value Trap. The stock's GF Value™ is CLP15.22, compared to a current price of CLP8.90 — trading 41.5% below its estimated fair value. The current Days Payable is 60.66, which is 32% above median its 10-year median of 46.00 and 4.7% above the Forest Products industry median of 57.93. Masisa's overall GF Score™ is 42/100 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 Masisa (XSGO:MASISA), the current Days Payable is 60.66 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 Masisa (XSGO:MASISA) Overvalued in 2026?

Based on GuruFocus' analysis, Masisa stock appears to be undervalued. The current stock price of CLP8.90 is trading 41.5% below its estimated GF Value™ of CLP15.22. GuruFocus considers Masisa to be Possible Value Trap.

Key valuation signals for XSGO:MASISA:

  • Days Payable: 60.66 (32% above median its 10-year median of 46.00)
  • GF Value™: CLP15.22 vs. price of CLP8.90 (41.5% below fair value)
  • GF Score™: 42/100 with 3 warning signs
  • Industry Position: 4.7% above the Forest Products median (#114 of 276)

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


Masisa Business Description

Address Avenue Apoquindo 3650, Piso 11, Las Condes, Santiago, CHL
Masisa SA produces and markets wooden boards in Latin America. The company engages in the production of the wooden board of various types particle board, medium-density fibreboard, medium density particleboard. It operates several wood board producing industrial complexes across Chile, Argentina, Brazil, Venezuela, and Mexico. Its products are mainly used for the furniture and interior architecture industries of Latin America.
42GF Score

Get the complete analysis for XSGO:MASISA

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

CLP8.90
Price
CLP15.22
GF Value