Acsion (JSE:ACS) Days Payable : 282.96 (As of Aug. 2024)

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What is Acsion Days Payable?

Acsion's average Accounts Payable for the six months ended in Aug. 2024 was R360 Mil. Acsion's Cost of Goods Sold for the six months ended in Aug. 2024 was R232 Mil. Hence, Acsion's Days Payable for the six months ended in Aug. 2024 was 282.96.

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

JSE:ACS' s Days Payable Range Over the Past 10 Years
Min: 297.85 Med: 305 Max: 388.72
Current: 297.85

During the past 10 years, Acsion's highest Days Payable was 388.72. The lowest was 297.85. And the median was 305.00.

JSE:ACS's Days Payable is ranked better than
79.39% of 1567 companies
in the Real Estate industry
Industry Median: 95.79 vs JSE:ACS: 297.85

Acsion's Days Payable increased from Aug. 2023 (276.23) to Aug. 2024 (282.96). It may suggest that Acsion delayed paying its suppliers.

Acsion Days Payable Historical Data

The historical data trend for Acsion'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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Acsion Days Payable Chart

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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388.72

305.00

302.76

Acsion Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Payable	Get a 7-Day Free Trial															-	-	276.23	322.53	282.96

Competitive Comparison of Acsion's Days Payable

For the Real Estate - Development subindustry, Acsion'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.

Acsion's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Acsion's Days Payable distribution charts can be found below:

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

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Acsion 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.

Acsion's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (307.709	+	363.603)	/	2 )	/	404.658	*	365
=	335.656					/	404.658	*	365
=	302.76

Acsion's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (363.603	+	356.154)	/	2 )	/	232.109	*	365 / 2
=	359.8785					/	232.109	*	365 / 2
=	282.96

Acsion Days Payable Related Terms

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Acsion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and International property operations. The company generates the majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

Acsion Headlines

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