Guararapes Confeccoes (BSP:GUAR3) Days Payable : 74.52 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Guararapes Confeccoes Days Payable?

Guararapes Confeccoes's average Accounts Payable for the three months ended in Dec. 2023 was R$950 Mil. Guararapes Confeccoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,163 Mil. Hence, Guararapes Confeccoes's Days Payable for the three months ended in Dec. 2023 was 74.52.

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

BSP:GUAR3' s Days Payable Range Over the Past 10 Years
Min: 50.14 Med: 75.93 Max: 113.88
Current: 98.31

During the past 13 years, Guararapes Confeccoes's highest Days Payable was 113.88. The lowest was 50.14. And the median was 75.93.

BSP:GUAR3's Days Payable is ranked better than
74.21% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs BSP:GUAR3: 98.31

Guararapes Confeccoes's Days Payable increased from Dec. 2022 (69.78) to Dec. 2023 (74.52). It may suggest that Guararapes Confeccoes delayed paying its suppliers.

Guararapes Confeccoes Days Payable Historical Data

The historical data trend for Guararapes Confeccoes'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.

* Premium members only.

Guararapes Confeccoes Days Payable Chart

Guararapes Confeccoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

72.96

98.54

113.88

103.63

98.25

Guararapes Confeccoes 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															69.78	124.76	110.10	95.79	74.52

Competitive Comparison of Guararapes Confeccoes's Days Payable

For the Apparel Retail subindustry, Guararapes Confeccoes'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.

Guararapes Confeccoes's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Guararapes Confeccoes's Days Payable distribution charts can be found below:

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

Guararapes Confeccoes 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.

Guararapes Confeccoes'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
=	( (962.49	+	1004.61)	/	2 )	/	3653.993	*	365
=	983.55					/	3653.993	*	365
=	98.25

Guararapes Confeccoes'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
=	( (895.541	+	1004.61)	/	2 )	/	1163.365	*	365 / 4
=	950.0755					/	1163.365	*	365 / 4
=	74.52

Guararapes Confeccoes Days Payable Related Terms

Thank you for viewing the detailed overview of Guararapes Confeccoes's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guararapes Confeccoes (BSP:GUAR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Guararapes Confeccoes SA (BSP:GUAR3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodovia Rn 160 - Km 3/bloco A - 1 Floor, Natal, Rio Grande do Norte, BRA, 59115900

Website

http://www.riachuelo.com.br

Guararapes Confeccoes SA is a fashion company in Brazil. It researches, develops, manufactures and distributes fashionable apparel all over Brazil. The firm's stores are divided in Men's fashion, women's fashion, children's fashion and home fashion as well as accessories, footwear, beauty products and cell phone. It has manufacturing facilities in Natal and Fortalezza.

Guararapes Confeccoes (BSP:GUAR3) Headlines

No Headlines