Plascar Participacoes Industriais (BSP:PLAS3) Days Payable : 40.79 (As of Mar. 2024)

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What is Plascar Participacoes Industriais Days Payable?

Plascar Participacoes Industriais's average Accounts Payable for the three months ended in Mar. 2024 was R$91.6 Mil. Plascar Participacoes Industriais's Cost of Goods Sold for the three months ended in Mar. 2024 was R$205.0 Mil. Hence, Plascar Participacoes Industriais's Days Payable for the three months ended in Mar. 2024 was 40.79.

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

BSP:PLAS3' s Days Payable Range Over the Past 10 Years
Min: 22.33 Med: 40.35 Max: 47.53
Current: 38.79

During the past 13 years, Plascar Participacoes Industriais's highest Days Payable was 47.53. The lowest was 22.33. And the median was 40.35.

BSP:PLAS3's Days Payable is ranked worse than
77.36% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs BSP:PLAS3: 38.79

Plascar Participacoes Industriais's Days Payable declined from Mar. 2023 (41.50) to Mar. 2024 (40.79). It may suggest that Plascar Participacoes Industriais accelerated paying its suppliers.

Plascar Participacoes Industriais Days Payable Historical Data

The historical data trend for Plascar Participacoes Industriais'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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Plascar Participacoes Industriais Days Payable Chart

Plascar Participacoes Industriais Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.33

28.90

35.35

40.08

41.11

Plascar Participacoes Industriais 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															41.50	39.96	36.76	37.77	40.79

Competitive Comparison of Plascar Participacoes Industriais's Days Payable

For the Auto Parts subindustry, Plascar Participacoes Industriais'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.

Plascar Participacoes Industriais's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Plascar Participacoes Industriais's Days Payable distribution charts can be found below:

* The bar in red indicates where Plascar Participacoes Industriais's Days Payable falls into.

Plascar Participacoes Industriais 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.

Plascar Participacoes Industriais'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
=	( (87.088	+	100.185)	/	2 )	/	831.355	*	365
=	93.6365					/	831.355	*	365
=	41.11

Plascar Participacoes Industriais'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
=	( (100.185	+	83.098)	/	2 )	/	205.002	*	365 / 4
=	91.6415					/	205.002	*	365 / 4
=	40.79

Plascar Participacoes Industriais Days Payable Related Terms

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Plascar Participacoes Industriais (BSP:PLAS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Plascar Participacoes Industriais SA (BSP:PLAS3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Wilhelm Winter, 300 Distrito Industrial, Jundiai, SP, BRA, CEP 13213-000

Website

https://www.plascar.com.br

Plascar Participacoes Industriais SA is engaged in manufacturing and distributing auto parts. The company with its subsidiaries is involved in the manufacturing and sales of pieces and parts related to internal and external finishing of automotive vehicles. In addition, the company is also involved in the manufacturing of non-automotive products, such as supermarket trolleys, multipurpose boxes, ecological pallets, and furniture. The company product portfolio includes products like includes bumpers, instrument panels, air diffusers, cup holders, side doors, door pockets, and carpets.

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