MTN Group (MTN Group) Days Payable

: 212.38 (As of Dec. 2023)

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MTN Group's average Accounts Payable for the six months ended in Dec. 2023 was $1,994 Mil. MTN Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,714 Mil. Hence, MTN Group's Days Payable for the six months ended in Dec. 2023 was 212.38.

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

MTNOY' s Days Payable Range Over the Past 10 Years
Min: 84.36 Med: 100.81 Max: 355.13
Current: 175.66

During the past 13 years, MTN Group's highest Days Payable was 355.13. The lowest was 84.36. And the median was 100.81.

MTNOY's Days Payable is ranked better than
73.78% of 347 companies
in the Telecommunication Services industry
Industry Median: 106.28 vs MTNOY: 175.66

MTN Group's Days Payable declined from Dec. 2022 (228.52) to Dec. 2023 (212.38). It may suggest that MTN Group accelerated paying its suppliers.

MTN Group Days Payable Historical Data

The historical data trend for MTN Group'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.

MTN Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

243.07

86.48

104.18

101.35

103.14

MTN Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																240.15	229.75	228.52	218.40	212.38

Competitive Comparison

For the Telecom Services subindustry, MTN Group'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.

MTN Group Days Payable Distribution

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

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

MTN Group 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.

MTN Group'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
=	( (969.792	+	950.689)	/	2 )	/	3398.201	*	365
=	960.2405					/	3398.201	*	365
=	103.14

MTN Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3037.856	+	950.689)	/	2 )	/	1713.698	*	365 / 2
=	1994.2725					/	1713.698	*	365 / 2
=	212.38

MTN Group Days Payable Related Terms

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MTN Group (MTN Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Group Ltd (OTCPK:MTNOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MTN:South Africa MTNOF:USA LL6:Germany

Address

Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195

Website

https://www.mtn.com

MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.

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