African Dawn Capital (JSE:ADW) Days Payable: 107.66 (As of Aug. 2024)


JSE:ADW African Dawn Capital Ltd JSE:ADW
11 GF Score
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What is African Dawn Capital Days Payable?

African Dawn Capital JSE:ADW 11 Days Payable is 107.66 as of Aug. 2024. GuruFocus rates JSE:ADW with a GF Score™ of 11/100.

African Dawn Capital's average Accounts Payable for the six months ended in Aug. 2024 was R5.70 Mil. African Dawn Capital's Cost of Goods Sold for the six months ended in Aug. 2024 was R9.66 Mil. Hence, African Dawn Capital's Days Payable for the six months ended in Aug. 2024 was 107.66.

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

JSE:ADW's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.87
* Ranked among companies with meaningful Days Payable only.

African Dawn Capital's Days Payable increased from Aug. 2023 (62.63) to Aug. 2024 (107.66). It may suggest that African Dawn Capital delayed paying its suppliers.

African Dawn Capital Days Payable Historical Data

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The historical data trend for African Dawn Capital'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.

African Dawn Capital Days Payable Chart

African Dawn Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.42 49.01 24.90 27.14 53.89

African Dawn Capital 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 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 55.81 67.03 62.63 94.62 107.66

JSE:ADW vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, African Dawn Capital'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.

African Dawn Capital Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's Days Payable falls into.


JSE:ADW
11GF Score
African Dawn Capital Ltd JSE:ADW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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African Dawn Capital 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.

African Dawn Capital'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
=( (1.428 + 3.577) / 2 ) / 16.949*365
=2.5025 / 16.949*365
=53.89

African Dawn Capital'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
=( (3.577 + 7.816) / 2 ) / 9.656*365 / 2
=5.6965 / 9.656*365 / 2
=107.66

* 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 107.66 mean?
African Dawn Capital (JSE:ADW) has a Days Payable of 107.66 as of Aug. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on African Dawn Capital and its competitors.
Is African Dawn Capital's Days Payable too high?
African Dawn Capital's current Days Payable is 107.66. The Credit Services industry median Days Payable is 33.87. African Dawn Capital's value of 107.66 is 217.9% above this industry median. Overall, African Dawn Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does African Dawn Capital's Days Payable compare to V and MA?
African Dawn Capital's Days Payable of 107.66 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. African Dawn Capital's value of 107.66 is 217.9% above 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. African Dawn Capital's current Days Payable of 107.66 is 217.9% 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 African Dawn Capital and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Dawn Capital's current Days Payable is 107.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Dawn Capital stock overvalued right now?
African Dawn Capital (JSE:ADW) has a current Days Payable of 107.66. The current Days Payable is 107.66 and 217.9% above the Credit Services industry median of 33.87. African Dawn Capital's overall GF Score™ is 11/100. 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 African Dawn Capital (JSE:ADW), the current Days Payable is 107.66 as of Aug. 2024. 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.

African Dawn Capital Business Description

Address Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management, Microfinance, and Head Office segment. It generates maximum revenue from the Microfinance segment. Geographically, the company operates only in South Africa.
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