National Investment Co (DAR:NICO) Days Payable: 0.00 (As of . 20)


DAR:NICO National Investment Co Ltd DAR:NICO
36 GF Score
Price TZS3,600.00
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What is National Investment Co Days Payable?

National Investment Co DAR:NICO +1.36% 36 Days Payable is 0.00 as of . 20. GuruFocus rates DAR:NICO with a GF Score™ of 36/100. Among 480 Asset Management companies, National Investment Co ranks worse than 208333.13% on this metric.

National Investment Co's average Accounts Payable for the six months ended in . 20 was TZS0.00 Mil. National Investment Co's Cost of Goods Sold for the six months ended in . 20 was TZS0.00 Mil.

The historical rank and industry rank for National Investment Co's Days Payable or its related term are showing as below:

DAR:NICO's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.83
* Ranked among companies with meaningful Days Payable only.

National Investment Co's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

National Investment Co Days Payable Historical Data

* Premium members only.

The historical data trend for National Investment Co'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.

National Investment Co Days Payable Chart

National Investment Co Annual Data
Trend
Days Payable

National Investment Co Semi-Annual Data
Days Payable

DAR:NICO vs : Days Payable Comparison

For the Asset Management subindustry, National Investment Co'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.

National Investment Co Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where National Investment Co's Days Payable falls into.


DAR:NICO
36GF Score
National Investment Co Ltd DAR:NICO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Investment Co 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.

National Investment Co's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

National Investment Co's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
National Investment Co (DAR:NICO) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Investment Co and its competitors. According to the industry distribution chart, National Investment Co ranks #999999 out of 480 companies in the Asset Management industry.
Is National Investment Co's Days Payable too high?
National Investment Co's current Days Payable is 0.00. Based on the distribution chart, National Investment Co ranks #999999 out of 480 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, National Investment Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Co's Days Payable compare to ?
According to the Asset Management industry distribution chart, National Investment Co ranks #999999 out of 480 companies for Days Payable. This places National Investment Co in the lower half of its industry. The industry median Days Payable is 70.83. 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 480 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. 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 National Investment Co and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investment Co stock overvalued right now?
National Investment Co (DAR:NICO) has a current Days Payable of 0.00. The current Days Payable is 0.00. National Investment Co's overall GF Score™ is 36/100. 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 National Investment Co (DAR:NICO), the current Days Payable is 0.00 as of . 20. 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.

National Investment Co Business Description

Comparable Companies
Address 50 Mirambo Street, P.O. Box 7465, Mirambo House, 3rd Floor, Dar es Salaam, TZA
National Investment Co Ltd acquires and manages businesses in manufacturing industries, financial services, telecommunication, agriculture, mining, and services sectors. The company through its subsidiaries is also engaged in custom slaughter.
36GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,600.00
Price