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Fertilizantes Heringer (BSP:FHER3) Days Payable : 141.02 (As of Mar. 2024)


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What is Fertilizantes Heringer Days Payable?

Fertilizantes Heringer's average Accounts Payable for the three months ended in Mar. 2024 was R$1,472 Mil. Fertilizantes Heringer's Cost of Goods Sold for the three months ended in Mar. 2024 was R$953 Mil. Hence, Fertilizantes Heringer's Days Payable for the three months ended in Mar. 2024 was 141.02.

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

BSP:FHER3' s Days Payable Range Over the Past 10 Years
Min: 41.06   Med: 74.02   Max: 211.07
Current: 92.96

During the past 13 years, Fertilizantes Heringer's highest Days Payable was 211.07. The lowest was 41.06. And the median was 74.02.

BSP:FHER3's Days Payable is ranked better than
56.84% of 234 companies
in the Agriculture industry
Industry Median: 77.42 vs BSP:FHER3: 92.96

Fertilizantes Heringer's Days Payable increased from Mar. 2023 (67.94) to Mar. 2024 (141.02). It may suggest that Fertilizantes Heringer delayed paying its suppliers.


Fertilizantes Heringer Days Payable Historical Data

The historical data trend for Fertilizantes Heringer'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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Fertilizantes Heringer Days Payable Chart

Fertilizantes Heringer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.07 53.02 41.06 57.43 96.83

Fertilizantes Heringer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.94 92.80 70.34 92.26 141.02

Competitive Comparison of Fertilizantes Heringer's Days Payable

For the Agricultural Inputs subindustry, Fertilizantes Heringer'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.


Fertilizantes Heringer's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fertilizantes Heringer's Days Payable distribution charts can be found below:

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



Fertilizantes Heringer 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.

Fertilizantes Heringer'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
=( (1286.512 + 1540.004) / 2 ) / 5327.169*365
=1413.258 / 5327.169*365
=96.83

Fertilizantes Heringer's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1540.004 + 1404.933) / 2 ) / 952.799*365 / 4
=1472.4685 / 952.799*365 / 4
=141.02

* 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.


Fertilizantes Heringer Days Payable Related Terms

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Fertilizantes Heringer (BSP:FHER3) Business Description

Traded in Other Exchanges
N/A
Address
Avendia Idalino Carvalho, S/N, Bairro Areinha, Viana, ES, BRA, 29135000
Fertilizantes Heringer SA is engaged in the production, marketing, and distribution of fertilizers in Brazil. It offers basic fertilizers, NPK formulas, and special fertilizers. The company also offers various services such as soil analysis incentive programs, technical lectures for farmers, pre-and after-sales support, and specialized technical guidance. The company has two segments: The industrial segment, which comprises the sulfuric acid and single super phosphate plant located in Paranagua; and the Mixing segment, which comprises the company's 11 mixing units. The firm generates the majority of its revenues from the mixing segment.

Fertilizantes Heringer (BSP:FHER3) Headlines

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