WG Wearne (JSE:WEA) Days Payable : 156.95 (As of Aug. 2017)

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What is WG Wearne Days Payable?

WG Wearne's average Accounts Payable for the six months ended in Aug. 2017 was R136.7 Mil. WG Wearne's Cost of Goods Sold for the six months ended in Aug. 2017 was R159.0 Mil. Hence, WG Wearne's Days Payable for the six months ended in Aug. 2017 was 156.95.

The historical rank and industry rank for WG Wearne's Days Payable or its related term are showing as below:

JSE:WEA's Days Payable is not ranked ^*
in the Building Materials industry.
Industry Median: 66.355
* Ranked among companies with meaningful Days Payable only.

WG Wearne's Days Payable increased from Aug. 2016 (147.65) to Aug. 2017 (156.95). It may suggest that WG Wearne delayed paying its suppliers.

WG Wearne Days Payable Historical Data

The historical data trend for WG Wearne'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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WG Wearne Days Payable Chart

WG Wearne Annual Data

Trend

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Days Payable

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79.26

75.02

84.70

93.66

133.47

WG Wearne Semi-Annual Data
	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Days Payable	Get a 7-Day Free Trial															86.37	112.98	147.65	120.50	156.95

Competitive Comparison of WG Wearne's Days Payable

For the Building Materials subindustry, WG Wearne'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.

WG Wearne's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WG Wearne's Days Payable distribution charts can be found below:

* The bar in red indicates where WG Wearne's Days Payable falls into.

WG Wearne 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.

WG Wearne'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
=	( (116.067	+	138.178)	/	2 )	/	347.633	*	365
=	127.1225					/	347.633	*	365
=	133.47

WG Wearne's Days Payable for the quarter that ended in Aug. 2017 is calculated as:

	Days Payable (Q: Aug. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2017 )	+	Accounts Payable (Q: Aug. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2017 )	*	Days in Period
=	( (138.178	+	135.295)	/	2 )	/	158.999	*	365 / 2
=	136.7365					/	158.999	*	365 / 2
=	156.95

WG Wearne Days Payable Related Terms

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WG Wearne (JSE:WEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WG Wearne Ltd (JSE:WEA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Acacia Road, Stonemill Office Park, P.O Box 1674, 3 Kiepersol House, Cresta, ZAF, 2118

Website

http://www.wearne.co.za

WG Wearne Ltd is a supplier of materials and contracting services to the building and construction industry with a complete building material solution. The company is involved in various big construction projects such as the construction of Rand Afrikaans University, the Western Bypass, the Lesotho Highlands Water Scheme, Soccer City and FNB in Fairlands Johannesburg. It operates across South Africa with concentrated operations in Limpopo and Gauteng provinces. its products include sub base materials, concrete stone, road stone, dump rock, ballast stone, crusher sand, building sand, builders mix, plaster sand, generic concrete range, Wearne specialty concrete, high-performance concrete, base course materials and sub base materials.