African Rainbow Capital Investments (JSE:AIL) Days Payable : 0.00 (As of Dec. 2023)

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What is African Rainbow Capital Investments Days Payable?

African Rainbow Capital Investments's average Accounts Payable for the six months ended in Dec. 2023 was R3 Mil. African Rainbow Capital Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was R0 Mil.

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

JSE:AIL' s Days Payable Range Over the Past 10 Years
Min: 2.43 Med: 7.45 Max: 23.69
Current: 7.45

During the past 7 years, African Rainbow Capital Investments's highest Days Payable was 23.69. The lowest was 2.43. And the median was 7.45.

JSE:AIL's Days Payable is ranked worse than
91.01% of 467 companies
in the Asset Management industry
Industry Median: 74.53 vs JSE:AIL: 7.45

African Rainbow Capital Investments's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

African Rainbow Capital Investments Days Payable Historical Data

The historical data trend for African Rainbow Capital Investments'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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African Rainbow Capital Investments Days Payable Chart

African Rainbow Capital Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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2.43

7.45

African Rainbow Capital Investments Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of African Rainbow Capital Investments's Days Payable

For the Asset Management subindustry, African Rainbow Capital Investments'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 Rainbow Capital Investments's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, African Rainbow Capital Investments's Days Payable distribution charts can be found below:

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

African Rainbow Capital Investments 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 Rainbow Capital Investments's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2	+	2)	/	2 )	/	98	*	365
=	2					/	98	*	365
=	7.45

African Rainbow Capital Investments's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2	+	3)	/	2 )	/	0	*	365 / 2
=	2.5					/	0	*	365 / 2
=	N/A

African Rainbow Capital Investments Days Payable Related Terms

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African Rainbow Capital Investments (JSE:AIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » African Rainbow Capital Investments Ltd (JSE:AIL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Cybercity, Level 3, Alexander House, Ebene, MUS, 72201

Website

https://www.arci.mu

African Rainbow Capital Investments Ltd is an investment holding company. It offers shareholders long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted and listed investments. The company invests in Telecommunications, Real Estate, Hospitality, Energy and Financial Services, and others.

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