Jumia Technologies AG (Jumia Technologies AG) Days Payable : 260.68 (As of Dec. 2023)

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What is Jumia Technologies AG Days Payable?

Jumia Technologies AG's average Accounts Payable for the three months ended in Dec. 2023 was $55.1 Mil. Jumia Technologies AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.3 Mil. Hence, Jumia Technologies AG's Days Payable for the three months ended in Dec. 2023 was 260.68.

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

JMIA' s Days Payable Range Over the Past 10 Years
Min: 55.43 Med: 266.12 Max: 300.8
Current: 280.45

During the past 7 years, Jumia Technologies AG's highest Days Payable was 300.80. The lowest was 55.43. And the median was 266.12.

JMIA's Days Payable is ranked better than
93.43% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs JMIA: 280.45

Jumia Technologies AG's Days Payable declined from Dec. 2022 (300.71) to Dec. 2023 (260.68). It may suggest that Jumia Technologies AG accelerated paying its suppliers.

Jumia Technologies AG Days Payable Historical Data

The historical data trend for Jumia Technologies AG'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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Jumia Technologies AG Days Payable Chart

Jumia Technologies AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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143.45

296.49

266.12

300.80

275.38

Jumia Technologies AG 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															300.71	341.52	263.69	269.36	260.68

Competitive Comparison of Jumia Technologies AG's Days Payable

For the Internet Retail subindustry, Jumia Technologies AG'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.

Jumia Technologies AG's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jumia Technologies AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Jumia Technologies AG's Days Payable falls into.

Jumia Technologies AG 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.

Jumia Technologies AG'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
=	( (64.23	+	55.425)	/	2 )	/	79.298	*	365
=	59.8275					/	79.298	*	365
=	275.38

Jumia Technologies AG'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
=	( (54.85	+	55.425)	/	2 )	/	19.301	*	365 / 4
=	55.1375					/	19.301	*	365 / 4
=	260.68

Jumia Technologies AG Days Payable Related Terms

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Jumia Technologies AG (Jumia Technologies AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jumia Technologies AG (NYSE:JMIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JMIA:Mexico 4JMA:Germany 4JMA:Germany 4JMA:Germany JMIA:Austria

Address

Skalitzer Strasse 104, Berlin, BB, DEU, 10997

Website

https://www.group.jumia.com

Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment.