Grupo Mateus (BSP:GMAT3) Days Payable : 41.39 (As of Dec. 2023)

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What is Grupo Mateus Days Payable?

Grupo Mateus's average Accounts Payable for the three months ended in Dec. 2023 was R$2,674 Mil. Grupo Mateus's Cost of Goods Sold for the three months ended in Dec. 2023 was R$5,894 Mil. Hence, Grupo Mateus's Days Payable for the three months ended in Dec. 2023 was 41.39.

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

BSP:GMAT3' s Days Payable Range Over the Past 10 Years
Min: 28.99 Med: 38.33 Max: 53.73
Current: 40.88

During the past 8 years, Grupo Mateus's highest Days Payable was 53.73. The lowest was 28.99. And the median was 38.33.

BSP:GMAT3's Days Payable is ranked worse than
63.36% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs BSP:GMAT3: 40.88

Grupo Mateus's Days Payable increased from Dec. 2022 (32.91) to Dec. 2023 (41.39). It may suggest that Grupo Mateus delayed paying its suppliers.

Grupo Mateus Days Payable Historical Data

The historical data trend for Grupo Mateus'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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Grupo Mateus Days Payable Chart

Grupo Mateus Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.33

28.99

30.00

32.96

43.95

Grupo Mateus Quarterly Data
	Dec17	Dec18	Jun19	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															32.91	41.47	39.76	37.88	41.39

Competitive Comparison of Grupo Mateus's Days Payable

For the Department Stores subindustry, Grupo Mateus'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.

Grupo Mateus's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Grupo Mateus's Days Payable falls into.

Grupo Mateus 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.

Grupo Mateus'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
=	( (2008.574	+	3039.206)	/	2 )	/	20960.658	*	365
=	2523.89					/	20960.658	*	365
=	43.95

Grupo Mateus'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
=	( (2308.076	+	3039.206)	/	2 )	/	5894.06	*	365 / 4
=	2673.641					/	5894.06	*	365 / 4
=	41.39

Grupo Mateus Days Payable Related Terms

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Grupo Mateus (BSP:GMAT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Mateus SA (BSP:GMAT3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Daniel de la Touche, 7, Cohama, Sao Luis, MA, BRA

Website

https://www.grupomateus.com.br

Grupo Mateus SA which which operate in the wholesale and retail, electro, mix, and industry segments through the subsidiary. The company has its operations in the supermarket, wholesale, appliance, furniture, bakery, slicing, and portioning. The business's product portfolio consists of maetus, mix atacarejo, camino supermercados, electro mateus among others.

Grupo Mateus (BSP:GMAT3) Headlines

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