CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Days Payable : 28.30 (As of Dec. 2023)

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What is CIA de Ferro Ligas da Bahia - Ferbasa Days Payable?

CIA de Ferro Ligas da Bahia - Ferbasa's average Accounts Payable for the three months ended in Dec. 2023 was R$135 Mil. CIA de Ferro Ligas da Bahia - Ferbasa's Cost of Goods Sold for the three months ended in Dec. 2023 was R$435 Mil. Hence, CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable for the three months ended in Dec. 2023 was 28.30.

The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable or its related term are showing as below:

BSP:FESA3' s Days Payable Range Over the Past 10 Years
Min: 21.38 Med: 24.84 Max: 35.52
Current: 25.78

During the past 13 years, CIA de Ferro Ligas da Bahia - Ferbasa's highest Days Payable was 35.52. The lowest was 21.38. And the median was 24.84.

BSP:FESA3's Days Payable is ranked worse than
70.75% of 588 companies
in the Steel industry
Industry Median: 39.7 vs BSP:FESA3: 25.78

CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable increased from Dec. 2022 (25.06) to Dec. 2023 (28.30). It may suggest that CIA de Ferro Ligas da Bahia - Ferbasa delayed paying its suppliers.

CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Historical Data

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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.

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CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Chart

CIA de Ferro Ligas da Bahia - Ferbasa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.30

22.18

24.84

26.01

27.68

CIA de Ferro Ligas da Bahia - Ferbasa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															25.06	23.24	24.44	25.55	28.30

Competitive Comparison of CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable

For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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 de Ferro Ligas da Bahia - Ferbasa's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable distribution charts can be found below:

* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable falls into.

CIA de Ferro Ligas da Bahia - Ferbasa 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.

CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (129.638	+	147.832)	/	2 )	/	1829.478	*	365
=	138.735					/	1829.478	*	365
=	27.68

CIA de Ferro Ligas da Bahia - Ferbasa's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (122.306	+	147.832)	/	2 )	/	435.473	*	365 / 4
=	135.069					/	435.473	*	365 / 4
=	28.30

CIA de Ferro Ligas da Bahia - Ferbasa Days Payable Related Terms

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CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FESA4:Brazil

Address

Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000

Website

http://www.ferbasa.com.br

CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.

CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Headlines

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