CAFZF (Canaf Investments) Days Payable : 29.44 (As of Jan. 2025)

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What is Canaf Investments Days Payable?

Canaf Investments's average Accounts Payable for the three months ended in Jan. 2025 was $1.65 Mil. Canaf Investments's Cost of Goods Sold for the three months ended in Jan. 2025 was $5.11 Mil. Hence, Canaf Investments's Days Payable for the three months ended in Jan. 2025 was 29.44.

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

CAFZF' s Days Payable Range Over the Past 10 Years
Min: 23.34 Med: 36.68 Max: 47.58
Current: 35.17

During the past 13 years, Canaf Investments's highest Days Payable was 47.58. The lowest was 23.34. And the median was 36.68.

CAFZF's Days Payable is ranked worse than
55.39% of 603 companies
in the Steel industry
Industry Median: 39.03 vs CAFZF: 35.17

Canaf Investments's Days Payable declined from Jan. 2024 (35.89) to Jan. 2025 (29.44). It may suggest that Canaf Investments accelerated paying its suppliers.

Canaf Investments Days Payable Historical Data

The historical data trend for Canaf Investments'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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Canaf Investments Days Payable Chart

Canaf Investments Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Days Payable

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36.62

32.83

38.27

36.80

34.72

Canaf Investments Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Days Payable	Get a 7-Day Free Trial															35.89	49.06	27.35	34.80	29.44

Competitive Comparison of Canaf Investments's Days Payable

For the Coking Coal subindustry, Canaf Investments'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.

Canaf Investments's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canaf Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Canaf Investments's Days Payable falls into.

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Canaf Investments 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.

Canaf Investments's Days Payable for the fiscal year that ended in Oct. 2024 is calculated as

	Days Payable (A: Oct. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2023 )	+	Accounts Payable (A: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2024 )	*	Days in Period
=	( (2.337	+	1.699)	/	2 )	/	21.217	*	365
=	2.018					/	21.217	*	365
=	34.72

Canaf Investments's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

	Days Payable (Q: Jan. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2024 )	+	Accounts Payable (Q: Jan. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2025 )	*	Days in Period
=	( (1.699	+	1.596)	/	2 )	/	5.107	*	365 / 4
=	1.6475					/	5.107	*	365 / 4
=	29.44

Canaf Investments Days Payable Related Terms

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Canaf Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Canaf Investments Inc (OTCPK:CAFZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CAF:Canada

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.canafinvestments.com

Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments are head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.

Canaf Investments Headlines

From GuruFocus

Canaf announces full repayment of term loan and award of B-BBEE rating

By GlobeNewswire GlobeNewswire • 01-21-2019