IHS Holding (IHS Holding) Days Payable : 134.17 (As of Dec. 2023)

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What is IHS Holding Days Payable?

IHS Holding's average Accounts Payable for the three months ended in Dec. 2023 was $343 Mil. IHS Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $234 Mil. Hence, IHS Holding's Days Payable for the three months ended in Dec. 2023 was 134.17.

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

IHS' s Days Payable Range Over the Past 10 Years
Min: 119.3 Med: 129.66 Max: 152.31
Current: 119.3

During the past 6 years, IHS Holding's highest Days Payable was 152.31. The lowest was 119.30. And the median was 129.66.

IHS's Days Payable is ranked better than
54.89% of 348 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs IHS: 119.30

IHS Holding's Days Payable increased from Dec. 2022 (110.26) to Dec. 2023 (134.17). It may suggest that IHS Holding delayed paying its suppliers.

IHS Holding Days Payable Historical Data

The historical data trend for IHS Holding'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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IHS Holding Days Payable Chart

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.31

139.36

129.66

123.95

119.31

IHS Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												110.26	134.24	131.99	87.58	134.17

Competitive Comparison of IHS Holding's Days Payable

For the Telecom Services subindustry, IHS Holding'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.

IHS Holding's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, IHS Holding's Days Payable distribution charts can be found below:

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

IHS Holding 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.

IHS Holding'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
=	( (442.959	+	330.622)	/	2 )	/	1183.306	*	365
=	386.7905					/	1183.306	*	365
=	119.31

IHS Holding'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
=	( (356.145	+	330.622)	/	2 )	/	233.532	*	365 / 4
=	343.3835					/	233.532	*	365 / 4
=	134.17

IHS Holding Days Payable Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.