Alexander Forbes Group Holdings (JSE:AFH) Days Payable: 10.51 (As of Mar. 2026) — 92% Below Median


JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.75
GF Value R8.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Alexander Forbes Group Holdings Days Payable?

Alexander Forbes Group Holdings JSE:AFH +3.33% 68 Days Payable is 10.51 as of Mar. 2026, which is 92% below its 10-year median of 126.32. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 83 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 84.34% on this metric.

Alexander Forbes Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was R170 Mil. Alexander Forbes Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was R2,951 Mil. Hence, Alexander Forbes Group Holdings's Days Payable for the six months ended in Mar. 2026 was 10.51.

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

JSE:AFH' s Days Payable Range Over the Past 10 Years
Min: 17.05   Med: 126.32   Max: 585.71
Current: 17.05

During the past 13 years, Alexander Forbes Group Holdings's highest Days Payable was 585.71. The lowest was 17.05. And the median was 126.32.

JSE:AFH's Days Payable is ranked worse than
84.34% of 83 companies
in the Diversified Financial Services industry
Industry Median: 71.15 vs JSE:AFH: 17.05

Alexander Forbes Group Holdings's Days Payable declined from Mar. 2025 (11.88) to Mar. 2026 (10.51). It may suggest that Alexander Forbes Group Holdings accelerated paying its suppliers.


Alexander Forbes Group Holdings Days Payable Related Terms


Alexander Forbes Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Alexander Forbes Group 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.

Alexander Forbes Group Holdings Days Payable Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.24 102.39 36.27 20.32 17.69

Alexander Forbes Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 17.87 56.47 11.88 43.68 10.51

JSE:AFH vs VOYA, FRHC: Days Payable Comparison

For the Financial Conglomerates subindustry, Alexander Forbes Group 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.


Alexander Forbes Group Holdings Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Alexander Forbes Group Holdings's Days Payable falls into.


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alexander Forbes Group 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.

Alexander Forbes Group Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (169 + 183) / 2 ) / 3632*365
=176 / 3632*365
=17.69

Alexander Forbes Group Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (157 + 183) / 2 ) / 2951*365 / 2
=170 / 2951*365 / 2
=10.51

* 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 10.51 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Days Payable of 10.51 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alexander Forbes Group Holdings and its competitors. This is 92% below median its historical median of 126.32. Over the past decade, Alexander Forbes Group Holdings' Days Payable has ranged from 17.05 to 585.71. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #70 out of 83 companies in the Diversified Financial Services industry, placing it in the top 84.3%.
Is Alexander Forbes Group Holdings' Days Payable too high?
Alexander Forbes Group Holdings' current Days Payable of 10.51 is 92% below median its 10-year median of 126.32. Over the past 10 years, this metric has ranged from a low of 17.05 to a high of 585.71. The Diversified Financial Services industry median Days Payable is 71.15. Alexander Forbes Group Holdings' value of 10.51 is 85.2% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #70 out of 83 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Days Payable compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #70 out of 83 companies for Days Payable. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median Days Payable is 71.15. Alexander Forbes Group Holdings' value of 10.51 is 85.2% below this benchmark. Historically, Alexander Forbes Group Holdings' own Days Payable has ranged from 17.05 to 585.71 over the past decade. While the company's 10-year median is 126.32 vs. the industry median of 71.15, Alexander Forbes Group Holdings 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.15, based on 83 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. Alexander Forbes Group Holdings's current Days Payable of 10.51 is 85.2% 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 Alexander Forbes Group Holdings and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current Days Payable is 10.51, which is 92% below median its own 10-year median of 126.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.62, compared to a current price of R7.75 — trading 10.1% below its estimated fair value. The current Days Payable is 10.51, which is 92% below median its 10-year median of 126.32 and 85.2% below the Diversified Financial Services industry median of 71.15. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 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 Alexander Forbes Group Holdings (JSE:AFH), the current Days Payable is 10.51 as of Mar. 2026. 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.75 is trading 10.1% below its estimated GF Value™ of R8.62. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Days Payable: 10.51 (92% below median its 10-year median of 126.32)
  • GF Value™: R8.62 vs. price of R7.75 (10.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 85.2% below the Diversified Financial Services median (#70 of 83)

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

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

R7.75
Price
R8.62
GF Value