GPS Participacoes E Empreendimentos (BSP:GGPS3) Days Payable : 5.95 (As of Dec. 2023)

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What is GPS Participacoes E Empreendimentos Days Payable?

GPS Participacoes E Empreendimentos's average Accounts Payable for the three months ended in Dec. 2023 was R$154 Mil. GPS Participacoes E Empreendimentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$2,358 Mil. Hence, GPS Participacoes E Empreendimentos's Days Payable for the three months ended in Dec. 2023 was 5.95.

The historical rank and industry rank for GPS Participacoes E Empreendimentos's Days Payable or its related term are showing as below:

BSP:GGPS3' s Days Payable Range Over the Past 10 Years
Min: 5.16 Med: 6.4 Max: 8.52
Current: 5.16

During the past 6 years, GPS Participacoes E Empreendimentos's highest Days Payable was 8.52. The lowest was 5.16. And the median was 6.40.

BSP:GGPS3's Days Payable is ranked worse than
93.94% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs BSP:GGPS3: 5.16

GPS Participacoes E Empreendimentos's Days Payable increased from Dec. 2022 (5.11) to Dec. 2023 (5.95). It may suggest that GPS Participacoes E Empreendimentos delayed paying its suppliers.

GPS Participacoes E Empreendimentos Days Payable Historical Data

The historical data trend for GPS Participacoes E Empreendimentos'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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GPS Participacoes E Empreendimentos Days Payable Chart

GPS Participacoes E Empreendimentos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.65

6.61

5.92

5.35

6.18

GPS Participacoes E Empreendimentos Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												5.11	5.11	4.02	4.47	5.95

Competitive Comparison of GPS Participacoes E Empreendimentos's Days Payable

For the Specialty Business Services subindustry, GPS Participacoes E Empreendimentos'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.

GPS Participacoes E Empreendimentos's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPS Participacoes E Empreendimentos's Days Payable distribution charts can be found below:

* The bar in red indicates where GPS Participacoes E Empreendimentos's Days Payable falls into.

GPS Participacoes E Empreendimentos 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.

GPS Participacoes E Empreendimentos'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
=	( (124.732	+	173.197)	/	2 )	/	8793.786	*	365
=	148.9645					/	8793.786	*	365
=	6.18

GPS Participacoes E Empreendimentos'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
=	( (134.171	+	173.197)	/	2 )	/	2357.607	*	365 / 4
=	153.684					/	2357.607	*	365 / 4
=	5.95

GPS Participacoes E Empreendimentos Days Payable Related Terms

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

GPS Participacoes E Empreendimentos (BSP:GGPS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPS Participacoes E Empreendimentos SA (BSP:GGPS3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Miguel Frias e Vasconcelos, 1215, Jaguare, Sao Paulo, SP, BRA

Website

https://en.gpssa.com.br

GPS Participacoes E Empreendimentos SA is engaged in the provision of property security services, sanitation and cleaning services, indoor logistics services, electronic security services, implementation, operation and building maintenance, maritime hotel services on oil platforms, kitchen services and meal sales, highway maintenance services, and participation in companies through the acquisition of shares or capital quotas.

GPS Participacoes E Empreendimentos (BSP:GGPS3) Headlines

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