Tanga Cement (DAR:TCPLC) Days Payable: 0.00 (As of . 20)


DAR:TCPLC Tanga Cement PLC DAR:TCPLC
33 GF Score
Price TZS3,300.00
View Full Analysis

What is Tanga Cement Days Payable?

Tanga Cement DAR:TCPLC +3.10% 33 Days Payable is 0.00 as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 33/100. Among 394 Building Materials companies, Tanga Cement ranks worse than 253806.85% on this metric.

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

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

DAR:TCPLC's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.765
* Ranked among companies with meaningful Days Payable only.

Tanga Cement's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Tanga Cement Days Payable Historical Data

* Premium members only.

The historical data trend for Tanga Cement'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.

Tanga Cement Days Payable Chart

Tanga Cement Annual Data
Trend
Days Payable

Tanga Cement Semi-Annual Data
Days Payable

DAR:TCPLC vs : Days Payable Comparison

For the Building Materials subindustry, Tanga Cement'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.

Tanga Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tanga Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where Tanga Cement's Days Payable falls into.


DAR:TCPLC
33GF Score
Tanga Cement PLC DAR:TCPLC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanga Cement 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.

Tanga Cement'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

Tanga Cement'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?
Tanga Cement (DAR:TCPLC) 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 Tanga Cement and its competitors. According to the industry distribution chart, Tanga Cement ranks #999999 out of 394 companies in the Building Materials industry.
Is Tanga Cement's Days Payable too high?
Tanga Cement's current Days Payable is 0.00. Based on the distribution chart, Tanga Cement ranks #999999 out of 394 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tanga Cement has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Days Payable compare to ?
According to the Building Materials industry distribution chart, Tanga Cement ranks #999999 out of 394 companies for Days Payable. This places Tanga Cement in the lower half of its industry. The industry median Days Payable is 69.77. 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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 Tanga Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanga Cement'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 Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Days Payable of 0.00. The current Days Payable is 0.00. Tanga Cement's overall GF Score™ is 33/100. 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 Tanga Cement (DAR:TCPLC), 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.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
33GF Score

Get the complete analysis for DAR:TCPLC

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

TZS3,300.00
Price