Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Days Payable : 119.64 (As of Dec. 2023)

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What is Vamos Locacao De Caminhoes Maquinas E Equipamentos Days Payable?

Vamos Locacao De Caminhoes Maquinas E Equipamentos's average Accounts Payable for the three months ended in Dec. 2023 was R$983 Mil. Vamos Locacao De Caminhoes Maquinas E Equipamentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$749 Mil. Hence, Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable for the three months ended in Dec. 2023 was 119.64.

The historical rank and industry rank for Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable or its related term are showing as below:

BSP:VAMO3' s Days Payable Range Over the Past 10 Years
Min: 44.79 Med: 114.4 Max: 218.51
Current: 149.07

During the past 6 years, Vamos Locacao De Caminhoes Maquinas E Equipamentos's highest Days Payable was 218.51. The lowest was 44.79. And the median was 114.40.

BSP:VAMO3's Days Payable is ranked better than
83.23% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs BSP:VAMO3: 149.07

Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable declined from Dec. 2022 (262.06) to Dec. 2023 (119.64). It may suggest that Vamos Locacao De Caminhoes Maquinas E Equipamentos accelerated paying its suppliers.

Vamos Locacao De Caminhoes Maquinas E Equipamentos Days Payable Historical Data

The historical data trend for Vamos Locacao De Caminhoes Maquinas E Equipamentos'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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Vamos Locacao De Caminhoes Maquinas E Equipamentos Days Payable Chart

Vamos Locacao De Caminhoes Maquinas E Equipamentos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.79

113.08

115.72

218.51

213.28

Vamos Locacao De Caminhoes Maquinas E Equipamentos 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															262.06	194.24	118.90	82.38	119.64

Competitive Comparison of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable

For the Rental & Leasing Services subindustry, Vamos Locacao De Caminhoes Maquinas E Equipamentos'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.

Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable distribution charts can be found below:

* The bar in red indicates where Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable falls into.

Vamos Locacao De Caminhoes Maquinas E Equipamentos 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.

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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
=	( (2746.347	+	1143.987)	/	2 )	/	3328.87	*	365
=	1945.167					/	3328.87	*	365
=	213.28

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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
=	( (821.032	+	1143.987)	/	2 )	/	749.369	*	365 / 4
=	982.5095					/	749.369	*	365 / 4
=	119.64

Vamos Locacao De Caminhoes Maquinas E Equipamentos Days Payable Related Terms

Thank you for viewing the detailed overview of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vamos Locacao De Caminhoes Maquinas E Equipamentos SA (BSP:VAMO3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1017, Rua Dr. Renato Paes de Barros, Floor 09, Room 02, Itaim Bibi, São Paulo, SP, BRA, 04530-001

Website

https://www.grupovamos.com.br

Vamos Locacao De Caminhoes Maquinas E Equipamentos SA is engaged in the lease, sale and resale of trucks, machinery and equipment, fleet management and renders vehicle mechanics, industrialization, customization and body shop services. The company operates in three operating segments which comprise 1)Truck, machinery and equipment dealerships: sale of trucks, machinery and equipment; resale of used trucks, machinery and equipment, parts, machinery and accessories; mechanics auto body repair and paint services; 2) Lease of trucks, machinery and equipment: lease of trucks, machinery and equipment and fleet management; 3) Customization, manufacturing and transformation of trucks.

Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Headlines

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