AYO Technology Solutions (JSE:AYO) Days Payable : 55.96 (As of Aug. 2024)

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What is AYO Technology Solutions Days Payable?

AYO Technology Solutions's average Accounts Payable for the six months ended in Aug. 2024 was R208 Mil. AYO Technology Solutions's Cost of Goods Sold for the six months ended in Aug. 2024 was R677 Mil. Hence, AYO Technology Solutions's Days Payable for the six months ended in Aug. 2024 was 55.96.

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

JSE:AYO' s Days Payable Range Over the Past 10 Years
Min: 44.04 Med: 52.52 Max: 79.67
Current: 52.2

During the past 10 years, AYO Technology Solutions's highest Days Payable was 79.67. The lowest was 44.04. And the median was 52.52.

JSE:AYO's Days Payable is ranked better than
50.31% of 2554 companies
in the Software industry
Industry Median: 51.74 vs JSE:AYO: 52.20

AYO Technology Solutions's Days Payable increased from Aug. 2023 (44.31) to Aug. 2024 (55.96). It may suggest that AYO Technology Solutions delayed paying its suppliers.

AYO Technology Solutions Days Payable Historical Data

The historical data trend for AYO Technology Solutions'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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AYO Technology Solutions Days Payable Chart

AYO Technology Solutions Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Payable

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44.04

53.52

49.39

44.36

51.51

AYO Technology Solutions Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Payable	Get a 7-Day Free Trial													50.97	56.75	44.31	49.83	55.96

Competitive Comparison of AYO Technology Solutions's Days Payable

For the Information Technology Services subindustry, AYO Technology Solutions'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.

AYO Technology Solutions's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, AYO Technology Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where AYO Technology Solutions's Days Payable falls into.

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AYO Technology Solutions 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.

AYO Technology Solutions's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

	Days Payable (A: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2023 )	+	Accounts Payable (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (238.735	+	191.531)	/	2 )	/	1524.581	*	365
=	215.133					/	1524.581	*	365
=	51.51

AYO Technology Solutions's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (223.857	+	191.531)	/	2 )	/	677.396	*	365 / 2
=	207.694					/	677.396	*	365 / 2
=	55.96

AYO Technology Solutions Days Payable Related Terms

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AYO Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AYO Technology Solutions Ltd (JSE:AYO) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ayotsl.com

AYO Technology Solutions Ltd is engaged in the provision of technology-related solutions. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.

AYO Technology Solutions Headlines

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