African Discovery Group (African Discovery Group) Days Payable : 0.00 (As of Aug. 2023)

View and export this data going back to 2011. Start your Free Trial

What is African Discovery Group Days Payable?

African Discovery Group's average Accounts Payable for the six months ended in Aug. 2023 was $0.12 Mil. African Discovery Group's Cost of Goods Sold for the six months ended in Aug. 2023 was $0.00 Mil.

The historical rank and industry rank for African Discovery Group's Days Payable or its related term are showing as below:

AFDG' s Days Payable Range Over the Past 10 Years
Min: 122.93 Med: 169.52 Max: 234.85
Current: 169.52

During the past 6 years, African Discovery Group's highest Days Payable was 234.85. The lowest was 122.93. And the median was 169.52.

AFDG's Days Payable is ranked better than
86.6% of 470 companies
in the Conglomerates industry
Industry Median: 58.395 vs AFDG: 169.52

African Discovery Group's Days Payable declined from Feb. 2017 (166.98) to Aug. 2023 (0.00). It may suggest that African Discovery Group accelerated paying its suppliers.

African Discovery Group Days Payable Historical Data

The historical data trend for African Discovery Group'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.

African Discovery Group Days Payable Chart

African Discovery Group Annual Data

Trend

Dec10

Feb12

Feb13

Feb15

Feb16

Feb17

Days Payable

Get a 7-Day Free Trial

122.93

129.23

189.55

234.85

169.52

African Discovery Group Semi-Annual Data
	Jun10	Dec10	Jun11	Feb12	Aug12	Feb13	Aug13	Feb15	Aug15	Feb16	Aug16	Feb17	Aug22	Aug23
Days Payable	Get a 7-Day Free Trial									260.51	173.38	166.98	-	-

Competitive Comparison of African Discovery Group's Days Payable

For the Conglomerates subindustry, African Discovery Group'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.

African Discovery Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, African Discovery Group's Days Payable distribution charts can be found below:

* The bar in red indicates where African Discovery Group's Days Payable falls into.

African Discovery Group 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.

African Discovery Group's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

	Days Payable (A: Feb. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2016 )	+	Accounts Payable (A: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2017 )	*	Days in Period
=	( (0.364	+	0.537)	/	2 )	/	0.97	*	365
=	0.4505					/	0.97	*	365
=	169.52

African Discovery Group's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2022 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0	+	0.124)	/	1 )	/	0	*	365 / 2
=	0.124					/	0	*	365 / 2
=	N/A

African Discovery Group Days Payable Related Terms

Thank you for viewing the detailed overview of African Discovery Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

African Discovery Group (African Discovery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » African Discovery Group Inc (OTCPK:AFDG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, Ninth Floor, New York, NY, USA, 10022

Website

https://www.africandiscoverygroup.com

African Discovery Group Inc primary business from which it currently generates revenue includes power, agriculture/sustainability, media, strategic minerals, and finance sectors on the African continent.

African Discovery Group (African Discovery Group) Headlines

From GuruFocus

African Discovery Group, Inc. (AFDG) enters collaboration with Ogelle, a dedicated African Social Media Network; announces DTC eligibility

By PRNewswire PRNewswire • 02-25-2021

African Discovery Group, Inc. Announces Completion of Capital Raise

By PRNewswire PRNewswire • 02-08-2021