Afya (AFYA) Days Payable : 145.96 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Afya Days Payable?

Afya's average Accounts Payable for the three months ended in Dec. 2023 was $94.6 Mil. Afya's Cost of Goods Sold for the three months ended in Dec. 2023 was $59.1 Mil. Hence, Afya's Days Payable for the three months ended in Dec. 2023 was 145.96.

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

AFYA' s Days Payable Range Over the Past 10 Years
Min: 19.82 Med: 129.62 Max: 172.81
Current: 145.76

During the past 7 years, Afya's highest Days Payable was 172.81. The lowest was 19.82. And the median was 129.62.

AFYA's Days Payable is ranked better than
82.08% of 212 companies
in the Education industry
Industry Median: 36.105 vs AFYA: 145.76

Afya's Days Payable increased from Dec. 2022 (122.83) to Dec. 2023 (145.96). It may suggest that Afya delayed paying its suppliers.

Afya Days Payable Historical Data

The historical data trend for Afya'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.

Afya Days Payable Chart

Afya Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

148.91

172.81

152.57

129.62

127.19

Afya 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															122.83	151.18	150.96	152.12	145.96

Competitive Comparison of Afya's Days Payable

For the Education & Training Services subindustry, Afya'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.

Afya's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Afya's Days Payable distribution charts can be found below:

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

Afya 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.

Afya'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
=	( (63.521	+	94.334)	/	2 )	/	226.502	*	365
=	78.9275					/	226.502	*	365
=	127.19

Afya'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
=	( (94.793	+	94.334)	/	2 )	/	59.12	*	365 / 4
=	94.5635					/	59.12	*	365 / 4
=	145.96

Afya Days Payable Related Terms

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

Afya (AFYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Afya Ltd (NAS:AFYA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1AY:Germany 1AY:Germany A2FY34:Brazil

Address

Alameda Oscar Niemeyer, No. 119, Room 504, Vila da Serra, Nova Lima, MG, BRA

Website

https://www.afya.com.br

Afya Ltd is a medical education group based in Brazil. Its education portfolio has several courses in addition to Medicine, such as Management, Dentistry, Law, Engineering, Nursing, Psychology, and Accounting Sciences, among others. It has three segments; Undergrad provides educational services through undergraduate courses related to medicine, other health sciences, and other undergraduate programs, Continuing Education provides specialization programs and graduate courses in medicine; and Digital Services provides content and technology for medical education, clinical decisions software, practice management tools (that encompass electronic medical records, telemedicine, and digital prescription, and provides access, demand and efficiency for the healthcare players.