Aspire Capital Holding For Financial Investments (CAI:ASPI) Days Payable: 62.68 (As of Jun. 2021)

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CAI:ASPI Aspire Capital Holding For Financial Investments CAI:ASPI
8 GF Score
Price E£0.31
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What is Aspire Capital Holding For Financial Investments Days Payable?

Aspire Capital Holding For Financial Investments CAI:ASPI -0.64% 8 Days Payable is 62.68 as of Jun. 2021. GuruFocus rates CAI:ASPI with a GF Score™ of 8/100.

Aspire Capital Holding For Financial Investments's average Accounts Payable for the three months ended in Jun. 2021 was E£1,244 Mil. Aspire Capital Holding For Financial Investments's Cost of Goods Sold for the three months ended in Jun. 2021 was E£1,811 Mil. Hence, Aspire Capital Holding For Financial Investments's Days Payable for the three months ended in Jun. 2021 was 62.68.

The historical rank and industry rank for Aspire Capital Holding For Financial Investments's Days Payable or its related term are showing as below:

CAI:ASPI's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 88.46
* Ranked among companies with meaningful Days Payable only.

Aspire Capital Holding For Financial Investments's Days Payable declined from Jun. 2020 (71.49) to Jun. 2021 (62.68). It may suggest that Aspire Capital Holding For Financial Investments accelerated paying its suppliers.


Aspire Capital Holding For Financial Investments Days Payable Related Terms


Aspire Capital Holding For Financial Investments Days Payable Historical Data

* Premium members only.

The historical data trend for Aspire Capital Holding For Financial 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.

Aspire Capital Holding For Financial Investments Days Payable Chart

Aspire Capital Holding For Financial Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.85 41.23 43.38 0.00 0.00

Aspire Capital Holding For Financial Investments Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.49 0.00 0.00 0.00 62.68

CAI:ASPI vs MS, SCHW, GS: Days Payable Comparison

For the Capital Markets subindustry, Aspire Capital Holding For Financial 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.


Aspire Capital Holding For Financial Investments Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aspire Capital Holding For Financial Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Aspire Capital Holding For Financial Investments's Days Payable falls into.


CAI:ASPI
8GF Score
Aspire Capital Holding For Financial Investments CAI:ASPI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire Capital Holding For Financial 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.

Aspire Capital Holding For Financial Investments's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Aspire Capital Holding For Financial Investments's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 1244.14) / 1 ) / 1811.086*365 / 4
=1244.14 / 1811.086*365 / 4
=62.68

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 62.68 mean?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a Days Payable of 62.68 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aspire Capital Holding For Financial Investments and its competitors.
Is Aspire Capital Holding For Financial Investments' Days Payable too high?
Aspire Capital Holding For Financial Investments' current Days Payable is 62.68. The Capital Markets industry median Days Payable is 88.46. Aspire Capital Holding For Financial Investments' value of 62.68 is 29.1% below this industry median. Overall, Aspire Capital Holding For Financial Investments has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Capital Holding For Financial Investments' Days Payable compare to MS and SCHW?
Aspire Capital Holding For Financial Investments' Days Payable of 62.68 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 88.46. Aspire Capital Holding For Financial Investments' value of 62.68 is 29.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspire Capital Holding For Financial Investments's current Days Payable of 62.68 is 29.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aspire Capital Holding For Financial Investments and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire Capital Holding For Financial Investments's current Days Payable is 62.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Capital Holding For Financial Investments stock overvalued right now?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a current Days Payable of 62.68. The current Days Payable is 62.68 and 29.1% below the Capital Markets industry median of 88.46. Aspire Capital Holding For Financial Investments' overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Aspire Capital Holding For Financial Investments (CAI:ASPI), the current Days Payable is 62.68 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aspire Capital Holding For Financial Investments Business Description

Address Sheraton Al Matar, El Nozha, Cairo, EGY, 4923+HJQ
Aspire Capital Holding For Financial Investments provides financial services. It offers its services to both retail and institutional investors. It provides brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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