Lojas Quero-Quero (BSP:LJQQ3) Days Payable : 85.10 (As of Mar. 2024)

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What is Lojas Quero-Quero Days Payable?

Lojas Quero-Quero's average Accounts Payable for the three months ended in Mar. 2024 was R$356 Mil. Lojas Quero-Quero's Cost of Goods Sold for the three months ended in Mar. 2024 was R$382 Mil. Hence, Lojas Quero-Quero's Days Payable for the three months ended in Mar. 2024 was 85.10.

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

BSP:LJQQ3' s Days Payable Range Over the Past 10 Years
Min: 74.65 Med: 124.42 Max: 131.82
Current: 74.65

During the past 7 years, Lojas Quero-Quero's highest Days Payable was 131.82. The lowest was 74.65. And the median was 124.42.

BSP:LJQQ3's Days Payable is ranked better than
62.48% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs BSP:LJQQ3: 74.65

Lojas Quero-Quero's Days Payable increased from Mar. 2023 (84.88) to Mar. 2024 (85.10). It may suggest that Lojas Quero-Quero delayed paying its suppliers.

Lojas Quero-Quero Days Payable Historical Data

The historical data trend for Lojas Quero-Quero'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 Quero-Quero Days Payable Chart

Lojas Quero-Quero Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.40

131.10

124.42

103.05

91.78

Lojas Quero-Quero Quarterly Data
	Mar19	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															84.88	74.01	68.86	74.86	85.10

Competitive Comparison of Lojas Quero-Quero's Days Payable

For the Specialty Retail subindustry, Lojas Quero-Quero'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 Quero-Quero's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Lojas Quero-Quero 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 Quero-Quero'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
=	( (395.742	+	394.872)	/	2 )	/	1572.115	*	365
=	395.307					/	1572.115	*	365
=	91.78

Lojas Quero-Quero'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
=	( (394.872	+	317.419)	/	2 )	/	381.89	*	365 / 4
=	356.1455					/	381.89	*	365 / 4
=	85.10

Lojas Quero-Quero Days Payable Related Terms

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Lojas Quero-Quero (BSP:LJQQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Quero-Quero SA (BSP:LJQQ3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003

Website

https://www.queroquero.com.br

Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

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