Mahube Infrastructure (JSE:MHB) Days Payable : 31.33 (As of Aug. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Mahube Infrastructure Days Payable?

Mahube Infrastructure's average Accounts Payable for the six months ended in Aug. 2023 was R0.56 Mil. Mahube Infrastructure's Cost of Goods Sold for the six months ended in Aug. 2023 was R3.26 Mil. Hence, Mahube Infrastructure's Days Payable for the six months ended in Aug. 2023 was 31.33.

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

JSE:MHB' s Days Payable Range Over the Past 10 Years
Min: 33.57 Med: 107.39 Max: 562.76
Current: 46.31

During the past 8 years, Mahube Infrastructure's highest Days Payable was 562.76. The lowest was 33.57. And the median was 107.39.

JSE:MHB's Days Payable is ranked worse than
63.03% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs JSE:MHB: 46.31

Mahube Infrastructure's Days Payable declined from Aug. 2022 (70.59) to Aug. 2023 (31.33). It may suggest that Mahube Infrastructure accelerated paying its suppliers.

Mahube Infrastructure Days Payable Historical Data

The historical data trend for Mahube Infrastructure'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.

Mahube Infrastructure Days Payable Chart

Mahube Infrastructure Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

Get a 7-Day Free Trial

278.47

107.39

72.20

50.62

33.57

Mahube Infrastructure Semi-Annual Data
	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial											69.14	69.63	70.59	48.86	31.33

Competitive Comparison of Mahube Infrastructure's Days Payable

For the Asset Management subindustry, Mahube Infrastructure'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.

Mahube Infrastructure's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mahube Infrastructure's Days Payable distribution charts can be found below:

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

Mahube Infrastructure 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.

Mahube Infrastructure's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.805	+	0.477)	/	2 )	/	6.969	*	365
=	0.641					/	6.969	*	365
=	33.57

Mahube Infrastructure'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: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0.477	+	0.642)	/	2 )	/	3.259	*	365 / 2
=	0.5595					/	3.259	*	365 / 2
=	31.33

Mahube Infrastructure Days Payable Related Terms

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

Mahube Infrastructure (JSE:MHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mahube Infrastructure Ltd (JSE:MHB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 The High Street, 3rd Floor, Penthouse 5, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

https://www.mahube.africa

Mahube Infrastructure Ltd is an investment entity holding its investments in operational infrastructure assets. The company's business is to own infrastructure assets in the energy, transportation, and water and sanitation sectors across Southern Africa.

Mahube Infrastructure (JSE:MHB) Headlines

No Headlines