Aspen Pharmacare Holdings (JSE:APN) Days Payable: 111.91 (As of Dec. 2025) — 66% Above Median


JSE:APN Aspen Pharmacare Holdings Ltd JSE:APN
73 GF Score
Price R157.74
GF Value R178.08
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Aspen Pharmacare Holdings Days Payable?

Aspen Pharmacare Holdings JSE:APN +0.47% 73 Days Payable is 111.91 as of Dec. 2025, which is 66% above its 10-year median of 67.41. GuruFocus rates JSE:APN with a GF Score™ of 73/100 and a GF Value™ of R178.08 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 922 Drug Manufacturers companies, Aspen Pharmacare Holdings ranks better than 60.85% on this metric.

Aspen Pharmacare Holdings's average Accounts Payable for the six months ended in Dec. 2025 was R5,903 Mil. Aspen Pharmacare Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was R9,626 Mil. Hence, Aspen Pharmacare Holdings's Days Payable for the six months ended in Dec. 2025 was 111.91.

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

JSE:APN' s Days Payable Range Over the Past 10 Years
Min: 60.28   Med: 67.41   Max: 144.45
Current: 108.82

During the past 13 years, Aspen Pharmacare Holdings's highest Days Payable was 144.45. The lowest was 60.28. And the median was 67.41.

JSE:APN's Days Payable is ranked better than
60.85% of 922 companies
in the Drug Manufacturers industry
Industry Median: 90.835 vs JSE:APN: 108.82

Aspen Pharmacare Holdings's Days Payable declined from Dec. 2024 (134.38) to Dec. 2025 (111.91). It may suggest that Aspen Pharmacare Holdings accelerated paying its suppliers.


Aspen Pharmacare Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Aspen Pharmacare 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.

Aspen Pharmacare Holdings Days Payable Chart

Aspen Pharmacare Holdings 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 60.90 62.37 62.28 60.28 63.68

Aspen Pharmacare Holdings 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 112.22 101.63 134.38 87.18 111.91

JSE:APN vs ZTS, UTHR, VTRS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aspen Pharmacare 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.


Aspen Pharmacare Holdings Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aspen Pharmacare Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Aspen Pharmacare Holdings's Days Payable falls into.


JSE:APN
73GF Score
Aspen Pharmacare Holdings Ltd JSE:APN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Pharmacare 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.

Aspen Pharmacare Holdings'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
=( (4372 + 4084) / 2 ) / 24234*365
=4228 / 24234*365
=63.68

Aspen Pharmacare Holdings'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
=( (4084 + 7721) / 2 ) / 9626*365 / 2
=5902.5 / 9626*365 / 2
=111.91

* 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 111.91 mean?
Aspen Pharmacare Holdings (JSE:APN) has a Days Payable of 111.91 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 Aspen Pharmacare Holdings and its competitors. This is 66% above median its historical median of 67.41. Over the past decade, Aspen Pharmacare Holdings' Days Payable has ranged from 60.28 to 144.45. According to the industry distribution chart, Aspen Pharmacare Holdings ranks #361 out of 922 companies in the Drug Manufacturers industry, placing it in the top 39.2%.
Is Aspen Pharmacare Holdings' Days Payable too high?
Aspen Pharmacare Holdings' current Days Payable of 111.91 is 66% above median its 10-year median of 67.41. Over the past 10 years, this metric has ranged from a low of 60.28 to a high of 144.45. The Drug Manufacturers industry median Days Payable is 90.84. Aspen Pharmacare Holdings' value of 111.91 is 23.2% above this industry median. Based on the distribution chart, Aspen Pharmacare Holdings ranks #361 out of 922 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Aspen Pharmacare Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Pharmacare Holdings' Days Payable compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Aspen Pharmacare Holdings ranks #361 out of 922 companies for Days Payable. This puts Aspen Pharmacare Holdings in the upper half of its industry. The industry median Days Payable is 90.84. Aspen Pharmacare Holdings' value of 111.91 is 23.2% above this benchmark. Historically, Aspen Pharmacare Holdings' own Days Payable has ranged from 60.28 to 144.45 over the past decade. While the company's 10-year median is 67.41 vs. the industry median of 90.84, Aspen Pharmacare Holdings 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.84, based on 922 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. Aspen Pharmacare Holdings's current Days Payable of 111.91 is 23.2% 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 Aspen Pharmacare Holdings and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Pharmacare Holdings's current Days Payable is 111.91, which is 66% above median its own 10-year median of 67.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Pharmacare Holdings stock overvalued right now?
Based on GuruFocus' analysis, Aspen Pharmacare Holdings (JSE:APN) is currently considered Modestly Undervalued. The stock's GF Value™ is R178.08, compared to a current price of R157.74 — trading 11.4% below its estimated fair value. The current Days Payable is 111.91, which is 66% above median its 10-year median of 67.41 and 23.2% above the Drug Manufacturers industry median of 90.84. Aspen Pharmacare Holdings' overall GF Score™ is 73/100 with 10 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 Aspen Pharmacare Holdings (JSE:APN), the current Days Payable is 111.91 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 Aspen Pharmacare Holdings (JSE:APN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Pharmacare Holdings stock appears to be undervalued. The current stock price of R157.74 is trading 11.4% below its estimated GF Value™ of R178.08. GuruFocus considers Aspen Pharmacare Holdings to be Modestly Undervalued.

Key valuation signals for JSE:APN:

  • Days Payable: 111.91 (66% above median its 10-year median of 67.41)
  • GF Value™: R178.08 vs. price of R157.74 (11.4% below fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 23.2% above the Drug Manufacturers median (#361 of 922)

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


Aspen Pharmacare Holdings Business Description

Address Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF
Aspen Pharmacare Holdings Ltd is a multinational pharmaceutical company. The group focuses on marketing and manufacturing a broad range of post-patent, branded medicines and domestic brands covering both hospital and consumer markets. The business segments of the group are split between the Commercial Pharmaceuticals and Manufacturing segments. The Commercial Pharmaceuticals business segments are: Injectables, Over-the-counter, and Prescription. The Manufacturing business segments are: Active Pharmaceutical Ingredients, Finished Dose Form, and Heparin. Its geographic regions are Africa Middle East, Europe CIS, Australasia, Asia, and America.
73GF Score

Get the complete analysis for JSE:APN

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

R157.74
Price
R178.08
GF Value