Aveng (JSE:AEG) Days Payable: 28.91 (As of Dec. 2025) — Near Median


JSE:AEG Aveng Ltd JSE:AEG
50 GF Score
Price R4.32
GF Value R7.68
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Aveng Days Payable?

Aveng JSE:AEG -1.14% 50 Days Payable is 28.91 as of Dec. 2025, which is 4% below its 10-year median of 30.25. GuruFocus rates JSE:AEG with a GF Score™ of 50/100 and a GF Value™ of R7.68 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,713 Construction companies, Aveng ranks worse than 85.81% on this metric.

Aveng's average Accounts Payable for the six months ended in Dec. 2025 was R2,087 Mil. Aveng's Cost of Goods Sold for the six months ended in Dec. 2025 was R13,175 Mil. Hence, Aveng's Days Payable for the six months ended in Dec. 2025 was 28.91.

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

JSE:AEG' s Days Payable Range Over the Past 10 Years
Min: 11.65   Med: 30.25   Max: 45.19
Current: 34.85

During the past 13 years, Aveng's highest Days Payable was 45.19. The lowest was 11.65. And the median was 30.25.

JSE:AEG's Days Payable is ranked worse than
85.81% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs JSE:AEG: 34.85

Aveng's Days Payable increased from Dec. 2024 (28.40) to Dec. 2025 (28.91). It may suggest that Aveng delayed paying its suppliers.


Aveng Days Payable Historical Data

* Premium members only.

The historical data trend for Aveng'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.

Aveng Days Payable Chart

Aveng Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.27 44.29 30.74 11.65 14.87

Aveng Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 29.12 31.64 28.40 30.66 28.91

JSE:AEG vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Aveng'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.


Aveng Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Aveng's Days Payable distribution charts can be found below:

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


JSE:AEG
50GF Score
Aveng Ltd JSE:AEG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aveng 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.

Aveng's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1326.846 + 1084.003) / 2 ) / 29591.529*365
=1205.4245 / 29591.529*365
=14.87

Aveng's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1084.003 + 3089.309) / 2 ) / 13174.614*365 / 2
=2086.656 / 13174.614*365 / 2
=28.91

* 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 28.91 mean?
Aveng (JSE:AEG) has a Days Payable of 28.91 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aveng and its competitors. This is near median its historical median of 30.25. Over the past decade, Aveng's Days Payable has ranged from 11.65 to 45.19. According to the industry distribution chart, Aveng ranks #1470 out of 1713 companies in the Construction industry, placing it in the top 85.8%.
Is Aveng's Days Payable too high?
Aveng's current Days Payable of 28.91 is near median its 10-year median of 30.25. Over the past 10 years, this metric has ranged from a low of 11.65 to a high of 45.19. The Construction industry median Days Payable is 76.49. Aveng's value of 28.91 is 62.2% below this industry median. Based on the distribution chart, Aveng ranks #1470 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aveng has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Aveng ranks #1470 out of 1713 companies for Days Payable. This places Aveng in the lower half of its industry. The industry median Days Payable is 76.49. Aveng's value of 28.91 is 62.2% below this benchmark. Historically, Aveng's own Days Payable has ranged from 11.65 to 45.19 over the past decade. While the company's 10-year median is 30.25 vs. the industry median of 76.49, Aveng has consistently been below 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Aveng's current Days Payable of 28.91 is 62.2% below 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 Aveng and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aveng's current Days Payable is 28.91, which is near median its own 10-year median of 30.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (JSE:AEG) is currently considered Significantly Undervalued. The stock's GF Value™ is R7.68, compared to a current price of R4.32 — trading 43.8% below its estimated fair value. The current Days Payable is 28.91, which is near median its 10-year median of 30.25 and 62.2% below the Construction industry median of 76.49. Aveng's overall GF Score™ is 50/100 with 4 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 Aveng (JSE:AEG), the current Days Payable is 28.91 as of Dec. 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.

Is Aveng (JSE:AEG) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of R4.32 is trading 43.8% below its estimated GF Value™ of R7.68. GuruFocus considers Aveng to be Significantly Undervalued.

Key valuation signals for JSE:AEG:

  • Days Payable: 28.91 (near median its 10-year median of 30.25)
  • GF Value™: R7.68 vs. price of R4.32 (43.8% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 62.2% below the Construction median (#1470 of 1713)

No single metric tells the full story. See the JSE:AEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aveng Business Description

Other Exchanges UG8K:Germany
Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
50GF Score

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

R4.32
Price
R7.68
GF Value