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AFDG (African Discovery Group) Days Payable : 0.00 (As of Aug. 2023)


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What is African Discovery Group Days Payable?

African Discovery Group's average Accounts Payable for the six months ended in Aug. 2023 was $0.12 Mil. African Discovery Group's Cost of Goods Sold for the six months ended in Aug. 2023 was $0.00 Mil.

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

AFDG's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 57.07
* Ranked among companies with meaningful Days Payable only.

African Discovery Group's Days Payable declined from Feb. 2017 (166.98) to Aug. 2023 (0.00). It may suggest that African Discovery Group accelerated paying its suppliers.

African Discovery Group Days Payable Historical Data

The historical data trend for African Discovery 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.

African Discovery Group Days Payable Chart

African Discovery Group Annual Data
Trend Dec10 Feb12 Feb13 Feb15 Feb16 Feb17
Days Payable
Get a 7-Day Free Trial 122.93 129.23 189.55 234.85 169.52

African Discovery Group Semi-Annual Data
Jun10 Dec10 Jun11 Feb12 Aug12 Feb13 Aug13 Feb15 Aug15 Feb16 Aug16 Feb17 Aug22 Aug23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.51 173.38 166.98 - -

Competitive Comparison of African Discovery Group's Days Payable

For the Conglomerates subindustry, African Discovery 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.

African Discovery Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, African Discovery Group's Days Payable distribution charts can be found below:

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


African Discovery 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.

African Discovery Group's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

Days Payable (A: Feb. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2016 ) + Accounts Payable (A: Feb. 2017 )) / count ) / Cost of Goods Sold (A: Feb. 2017 )*Days in Period
=( (0.364 + 0.537) / 2 ) / 0.97*365
=0.4505 / 0.97*365
=169.52

African Discovery Group'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: Aug. 2022 ) + Accounts Payable (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0 + 0.124) / 1 ) / 0*365 / 2
=0.124 / 0*365 / 2
=N/A

* 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.

African Discovery Group Days Payable Related Terms

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African Discovery Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » African Discovery Group Inc (OTCPK:AFDG) » Definitions » Days Payable
Comparable Companies
UPIN KDCE HLLK LCCN CDXQ CIRX IDVV CBCA SPOM PTEEF ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
N/A
Address
445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
Website
https://www.africandiscoverygroup.com
African Discovery Group Inc primary business from which it currently generates revenue includes power, agriculture/sustainability, media, strategic minerals and finance sectors on the African continent.