Cell C Holdings (FRA:LZ9) Days Payable: 186.04 (As of Nov. 2025) — Near Median


FRA:LZ9 Cell C Holdings Ltd FRA:LZ9
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Price €1.31
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What is Cell C Holdings Days Payable?

Cell C Holdings FRA:LZ9 +13.91% 4 Days Payable is 186.04 as of Nov. 2025, which is 3% below its 10-year median of 191.97. GuruFocus rates FRA:LZ9 with a GF Score™ of 4/100. The stock has 5 warning signs investors should review. Among 339 Telecommunication Services companies, Cell C Holdings ranks better than 89.09% on this metric.

Cell C Holdings's average Accounts Payable for the three months ended in Nov. 2025 was €194.3 Mil. Cell C Holdings's Cost of Goods Sold for the three months ended in Nov. 2025 was €95.3 Mil. Hence, Cell C Holdings's Days Payable for the three months ended in Nov. 2025 was 186.04.

The historical rank and industry rank for Cell C Holdings's Days Payable or its related term are showing as below:

FRA:LZ9' s Days Payable Range Over the Past 10 Years
Min: 152.92   Med: 191.97   Max: 364.35
Current: 364.35

During the past 3 years, Cell C Holdings's highest Days Payable was 364.35. The lowest was 152.92. And the median was 191.97.

FRA:LZ9's Days Payable is ranked better than
89.09% of 339 companies
in the Telecommunication Services industry
Industry Median: 106.11 vs FRA:LZ9: 364.35

Cell C Holdings's Days Payable declined from Aug. 2024 (230.78) to Nov. 2025 (186.04). It may suggest that Cell C Holdings accelerated paying its suppliers.


Cell C Holdings Days Payable Historical Data

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The historical data trend for Cell C Holdings'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.

Cell C Holdings Days Payable Chart

Cell C Holdings Annual Data
Trend Dec22 Dec23 May25
Days Payable
152.92 200.47 214.91

Cell C Holdings Quarterly Data
Dec22 Dec23 Aug24 Nov24 May25 Aug25 Nov25
Days Payable Get a 7-Day Free Trial 230.78 0.00 0.00 174.34 186.04

FRA:LZ9 vs TMUS, VZ, T: Days Payable Comparison

For the Telecom Services subindustry, Cell C Holdings'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.


Cell C Holdings Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cell C Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Cell C Holdings's Days Payable falls into.


FRA:LZ9
4GF Score
Cell C Holdings Ltd FRA:LZ9
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cell C Holdings 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.

Cell C Holdings's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (262.336 + 160.199) / 2 ) / 358.819*365
=211.2675 / 358.819*365
=214.91

Cell C Holdings's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (177.333 + 211.244) / 2 ) / 95.298*365 / 4
=194.2885 / 95.298*365 / 4
=186.04

* 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 186.04 mean?
Cell C Holdings (FRA:LZ9) has a Days Payable of 186.04 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cell C Holdings and its competitors. This is near median its historical median of 191.97. Over the past decade, Cell C Holdings' Days Payable has ranged from 152.92 to 364.35. According to the industry distribution chart, Cell C Holdings ranks #37 out of 339 companies in the Telecommunication Services industry, placing it in the top 10.9%.
Is Cell C Holdings' Days Payable too high?
Cell C Holdings' current Days Payable of 186.04 is near median its 10-year median of 191.97. Over the past 10 years, this metric has ranged from a low of 152.92 to a high of 364.35. The Telecommunication Services industry median Days Payable is 106.11. Cell C Holdings' value of 186.04 is 75.3% above this industry median. Based on the distribution chart, Cell C Holdings ranks #37 out of 339 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cell C Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cell C Holdings' Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cell C Holdings ranks #37 out of 339 companies for Days Payable. This places Cell C Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 106.11. Cell C Holdings' value of 186.04 is 75.3% above this benchmark. Historically, Cell C Holdings' own Days Payable has ranged from 152.92 to 364.35 over the past decade. While the company's 10-year median is 191.97 vs. the industry median of 106.11, Cell C Holdings has consistently been above the industry average. 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.11, based on 339 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. Cell C Holdings's current Days Payable of 186.04 is 75.3% above 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 Cell C Holdings and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cell C Holdings's current Days Payable is 186.04, which is near median its own 10-year median of 191.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cell C Holdings stock overvalued right now?
Cell C Holdings (FRA:LZ9) has a current Days Payable of 186.04. The current Days Payable is 186.04, which is near median its 10-year median of 191.97 and 75.3% above the Telecommunication Services industry median of 106.11. Cell C Holdings' overall GF Score™ is 4/100 with 5 warning signs to review. 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 Cell C Holdings (FRA:LZ9), the current Days Payable is 186.04 as of Nov. 2025. 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.

Cell C Holdings Business Description

Other Exchanges CCD:South Africa
Address Maxwell Drive and Corner Pretoria Main Road, Waterfall Campus, Buccleuch, Johannesburg, GT, ZAF, 2090
Cell C Holdings Ltd is a mobile provider in South Africa offering a wide scope of products and services, including voice, data, device and SIM deals to millions of customers.
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