AfrimatJSE:AFT -1.87%71 Days Payable is 77.70 as of Feb. 2026, which is 97% above its 10-year median of 39.40. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R97.08 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 394 Building Materials companies, Afrimat ranks worse than 53.55% on this metric.
Afrimat's average Accounts Payable for the
six
months ended in Feb. 2026 was R1,690 Mil. Afrimat's Cost of Goods Sold for the
six
months ended in Feb. 2026 was R3,969 Mil.
Hence, Afrimat's Days Payable for the
six
months ended in Feb. 2026 was 77.70.
The historical rank and industry rank for Afrimat's Days Payable or its related term are showing as below:
JSE:AFT'
s Days Payable Range Over the Past 10 Years
Min: 30.6 Med: 39.4 Max: 66.39
Current: 66.39
During the past 13 years, Afrimat's highest Days Payable was 66.39. The lowest was 30.60. And the median was 39.40.
JSE:AFT's Days Payable is ranked worse than 53.55% of 394
companies
in the Building Materials industry
Industry Median: 69.765
vs JSE:AFT: 66.39
Afrimat's Days Payable
increased
from Feb. 2025 (76.38) to Feb. 2026 (77.70).
It may suggest that Afrimatdelayed paying its suppliers.
Afrimat Days Payable Related Terms
Afrimat Days Payable Historical Data
* Premium members only.
The historical data trend for Afrimat'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.
For the Building Materials subindustry, Afrimat'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.
Afrimat Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Afrimat's Days Payable distribution charts can be found below:
* The bar in red indicates where Afrimat's Days Payable falls into.
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.
Afrimat's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Afrimat (JSE:AFT) has a Days Payable of 77.70 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Afrimat and its competitors. This is 97% above median its historical median of 39.40. Over the past decade, Afrimat's Days Payable has ranged from 30.60 to 66.39. According to the industry distribution chart, Afrimat ranks #211 out of 394 companies in the Building Materials industry, placing it in the top 53.6%.
Is Afrimat's Days Payable too high?
Afrimat's current Days Payable of 77.70 is 97% above median its 10-year median of 39.40. Over the past 10 years, this metric has ranged from a low of 30.60 to a high of 66.39. The Building Materials industry median Days Payable is 69.77. Afrimat's value of 77.70 is 11.4% above this industry median. Based on the distribution chart, Afrimat ranks #211 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #211 out of 394 companies for Days Payable. This places Afrimat in the lower half of its industry. The industry median Days Payable is 69.77. Afrimat's value of 77.70 is 11.4% above this benchmark. Historically, Afrimat's own Days Payable has ranged from 30.60 to 66.39 over the past decade. While the company's 10-year median is 39.40 vs. the industry median of 69.77, Afrimat 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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. Afrimat's current Days Payable of 77.70 is 11.4% 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 Afrimat and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current Days Payable is 77.70, which is 97% above median its own 10-year median of 39.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.08, compared to a current price of R26.82 — trading 72.4% below its estimated fair value. The current Days Payable is 77.70, which is 97% above median its 10-year median of 39.40 and 11.4% above the Building Materials industry median of 69.77. Afrimat's overall GF Score™ is 71/100 with 6 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 Afrimat (JSE:AFT), the current Days Payable is 77.70 as of Feb. 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 Afrimat (JSE:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Afrimat stock appears to be undervalued.
The current stock price of R26.82 is trading 72.4% below its estimated GF Value™ of R97.08.
GuruFocus considers Afrimat to be Significantly Undervalued.
Key valuation signals for JSE:AFT:
Days Payable: 77.70 (97% above median its 10-year median of 39.40)
GF Value™: R97.08 vs. price of R26.82 (72.4% below fair value)
Industry Position: 11.4% above the Building Materials median (#211 of 394)
No single metric tells the full story. See the JSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score
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