Lojas Renner (BSP:LREN3) Days Payable : 89.35 (As of Dec. 2023)

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What is Lojas Renner Days Payable?

Lojas Renner's average Accounts Payable for the three months ended in Dec. 2023 was R$1,663 Mil. Lojas Renner's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,699 Mil. Hence, Lojas Renner's Days Payable for the three months ended in Dec. 2023 was 89.35.

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

BSP:LREN3' s Days Payable Range Over the Past 10 Years
Min: 81.64 Med: 103.46 Max: 140.78
Current: 103.07

During the past 13 years, Lojas Renner's highest Days Payable was 140.78. The lowest was 81.64. And the median was 103.46.

BSP:LREN3's Days Payable is ranked better than
76.35% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs BSP:LREN3: 103.07

Lojas Renner's Days Payable increased from Dec. 2022 (87.28) to Dec. 2023 (89.35). It may suggest that Lojas Renner delayed paying its suppliers.

Lojas Renner Days Payable Historical Data

The historical data trend for Lojas Renner'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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Lojas Renner Days Payable Chart

Lojas Renner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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103.11

140.78

129.12

115.02

114.81

Lojas Renner 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															87.28	126.61	88.00	105.74	89.35

Competitive Comparison of Lojas Renner's Days Payable

For the Department Stores subindustry, Lojas Renner'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.

Lojas Renner's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Lojas Renner 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.

Lojas Renner'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
=	( (1624.082	+	1790.29)	/	2 )	/	5427.247	*	365
=	1707.186					/	5427.247	*	365
=	114.81

Lojas Renner'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
=	( (1536.308	+	1790.29)	/	2 )	/	1698.708	*	365 / 4
=	1663.299					/	1698.708	*	365 / 4
=	89.35

Lojas Renner Days Payable Related Terms

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

Lojas Renner (BSP:LREN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Renner SA (BSP:LREN3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LRENY:USA

Address

Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400

Website

https://www.lojasrenner.com.br

Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

Lojas Renner (BSP:LREN3) Headlines

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