MRV Engenharia e Participacoes (BSP:MRVE3) Days Payable : 45.24 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is MRV Engenharia e Participacoes Days Payable?

MRV Engenharia e Participacoes's average Accounts Payable for the three months ended in Mar. 2024 was R$700 Mil. MRV Engenharia e Participacoes's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,412 Mil. Hence, MRV Engenharia e Participacoes's Days Payable for the three months ended in Mar. 2024 was 45.24.

The historical rank and industry rank for MRV Engenharia e Participacoes's Days Payable or its related term are showing as below:

BSP:MRVE3' s Days Payable Range Over the Past 10 Years
Min: 26.12 Med: 36.25 Max: 55.2
Current: 45.43

During the past 13 years, MRV Engenharia e Participacoes's highest Days Payable was 55.20. The lowest was 26.12. And the median was 36.25.

BSP:MRVE3's Days Payable is ranked better than
52.58% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 43.29 vs BSP:MRVE3: 45.43

MRV Engenharia e Participacoes's Days Payable declined from Mar. 2023 (57.61) to Mar. 2024 (45.24). It may suggest that MRV Engenharia e Participacoes accelerated paying its suppliers.

MRV Engenharia e Participacoes Days Payable Historical Data

The historical data trend for MRV Engenharia e Participacoes'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.

* Premium members only.

MRV Engenharia e Participacoes Days Payable Chart

MRV Engenharia e Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.61

29.51

40.96

55.20

51.46

MRV Engenharia e Participacoes Quarterly Data
	Jun19	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															57.61	49.23	43.07	43.74	45.24

Competitive Comparison of MRV Engenharia e Participacoes's Days Payable

For the Residential Construction subindustry, MRV Engenharia e Participacoes'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.

MRV Engenharia e Participacoes's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, MRV Engenharia e Participacoes's Days Payable distribution charts can be found below:

* The bar in red indicates where MRV Engenharia e Participacoes's Days Payable falls into.

MRV Engenharia e Participacoes 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.

MRV Engenharia e Participacoes'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
=	( (895.087	+	724.177)	/	2 )	/	5742.737	*	365
=	809.632					/	5742.737	*	365
=	51.46

MRV Engenharia e Participacoes'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
=	( (724.177	+	675.971)	/	2 )	/	1412.186	*	365 / 4
=	700.074					/	1412.186	*	365 / 4
=	45.24

MRV Engenharia e Participacoes Days Payable Related Terms

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

MRV Engenharia e Participacoes (BSP:MRVE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » MRV Engenharia e Participacoes SA (BSP:MRVE3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Professor Mario Werneck Avenida, 621, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610

Website

https://www.mrv.com.br

MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Rental of residential properties and Urban land subdivisions. The rental of residential properties segment is split in United States (USA) and Brazil.

MRV Engenharia e Participacoes (BSP:MRVE3) Headlines

No Headlines