M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Days Payable : 58.41 (As of Dec. 2023)

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What is M Dias Branco Industria e Comercio de Alimentos Days Payable?

M Dias Branco Industria e Comercio de Alimentos's average Accounts Payable for the three months ended in Dec. 2023 was R$1,201 Mil. M Dias Branco Industria e Comercio de Alimentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,876 Mil. Hence, M Dias Branco Industria e Comercio de Alimentos's Days Payable for the three months ended in Dec. 2023 was 58.41.

The historical rank and industry rank for M Dias Branco Industria e Comercio de Alimentos's Days Payable or its related term are showing as below:

BSP:MDIA3' s Days Payable Range Over the Past 10 Years
Min: 11.06 Med: 15.86 Max: 58.22
Current: 53.08

During the past 13 years, M Dias Branco Industria e Comercio de Alimentos's highest Days Payable was 58.22. The lowest was 11.06. And the median was 15.86.

BSP:MDIA3's Days Payable is ranked better than
58.25% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BSP:MDIA3: 53.08

M Dias Branco Industria e Comercio de Alimentos's Days Payable increased from Dec. 2022 (47.49) to Dec. 2023 (58.41). It may suggest that M Dias Branco Industria e Comercio de Alimentos delayed paying its suppliers.

M Dias Branco Industria e Comercio de Alimentos Days Payable Historical Data

The historical data trend for M Dias Branco Industria e Comercio de Alimentos'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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M Dias Branco Industria e Comercio de Alimentos Days Payable Chart

M Dias Branco Industria e Comercio de Alimentos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.95

17.71

33.29

46.13

58.22

M Dias Branco Industria e Comercio de Alimentos 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															47.49	51.25	42.89	52.59	58.41

Competitive Comparison of M Dias Branco Industria e Comercio de Alimentos's Days Payable

For the Packaged Foods subindustry, M Dias Branco Industria e Comercio de Alimentos'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.

M Dias Branco Industria e Comercio de Alimentos's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M Dias Branco Industria e Comercio de Alimentos's Days Payable distribution charts can be found below:

* The bar in red indicates where M Dias Branco Industria e Comercio de Alimentos's Days Payable falls into.

M Dias Branco Industria e Comercio de Alimentos 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.

M Dias Branco Industria e Comercio de Alimentos'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
=	( (1234.613	+	1237.076)	/	2 )	/	7747.759	*	365
=	1235.8445					/	7747.759	*	365
=	58.22

M Dias Branco Industria e Comercio de Alimentos'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
=	( (1164.49	+	1237.076)	/	2 )	/	1875.753	*	365 / 4
=	1200.783					/	1875.753	*	365 / 4
=	58.41

M Dias Branco Industria e Comercio de Alimentos Days Payable Related Terms

Thank you for viewing the detailed overview of M Dias Branco Industria e Comercio de Alimentos's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M Dias Branco SA Industria e Comercio de Alimentos (BSP:MDIA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000

Website

https://www.mdiasbranco.com.br

M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sale and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Headlines

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