Africa Bitcoin (JSE:BACA.PFD) Days Payable: 46.19 (As of Feb. 2026) — 15% Below Median


JSE:BACA.PFD Africa Bitcoin Corp Ltd JSE:BACA.PFD
12 GF Score
Price R1.72
! 3 Warning Signs
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What is Africa Bitcoin Days Payable?

Africa Bitcoin JSE:BACA.PFD 12 Days Payable is 46.19 as of Feb. 2026, which is 15% below its 10-year median of 54.63. GuruFocus rates JSE:BACA.PFD with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 483 Asset Management companies, Africa Bitcoin ranks worse than 58.8% on this metric.

Africa Bitcoin's average Accounts Payable for the six months ended in Feb. 2026 was R1.53 Mil. Africa Bitcoin's Cost of Goods Sold for the six months ended in Feb. 2026 was R6.04 Mil. Hence, Africa Bitcoin's Days Payable for the six months ended in Feb. 2026 was 46.19.

The historical rank and industry rank for Africa Bitcoin's Days Payable or its related term are showing as below:

JSE:BACA.PFD' s Days Payable Range Over the Past 10 Years
Min: 51.94   Med: 54.63   Max: 105.78
Current: 53.14

During the past 5 years, Africa Bitcoin's highest Days Payable was 105.78. The lowest was 51.94. And the median was 54.63.

JSE:BACA.PFD's Days Payable is ranked worse than
58.8% of 483 companies
in the Asset Management industry
Industry Median: 72.22 vs JSE:BACA.PFD: 53.14

Africa Bitcoin's Days Payable declined from Feb. 2025 (111.41) to Feb. 2026 (46.19). It may suggest that Africa Bitcoin accelerated paying its suppliers.


Africa Bitcoin Days Payable Historical Data

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The historical data trend for Africa Bitcoin'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.

Africa Bitcoin Days Payable Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
0.00 0.00 105.78 54.63 51.94

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Days Payable Get a 7-Day Free Trial 0.00 17.40 111.41 61.55 46.19

JSE:BACA.PFD vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Africa Bitcoin'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.


Africa Bitcoin Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Africa Bitcoin's Days Payable distribution charts can be found below:

* The bar in red indicates where Africa Bitcoin's Days Payable falls into.


JSE:BACA.PFD
12GF Score
Africa Bitcoin Corp Ltd JSE:BACA.PFD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin 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.

Africa Bitcoin's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (2.133 + 1.25) / 2 ) / 11.886*365
=1.6915 / 11.886*365
=51.94

Africa Bitcoin's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (1.809 + 1.25) / 2 ) / 6.043*365 / 2
=1.5295 / 6.043*365 / 2
=46.19

* 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 46.19 mean?
Africa Bitcoin (JSE:BACA.PFD) has a Days Payable of 46.19 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 Africa Bitcoin and its competitors. This is 15% below median its historical median of 54.63. Over the past decade, Africa Bitcoin's Days Payable has ranged from 51.94 to 105.78. According to the industry distribution chart, Africa Bitcoin ranks #284 out of 483 companies in the Asset Management industry, placing it in the top 58.8%.
Is Africa Bitcoin's Days Payable too high?
Africa Bitcoin's current Days Payable of 46.19 is 15% below median its 10-year median of 54.63. Over the past 10 years, this metric has ranged from a low of 51.94 to a high of 105.78. The Asset Management industry median Days Payable is 72.22. Africa Bitcoin's value of 46.19 is 36% below this industry median. Based on the distribution chart, Africa Bitcoin ranks #284 out of 483 companies in the Asset Management industry, which is below the industry midpoint. Overall, Africa Bitcoin has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Africa Bitcoin ranks #284 out of 483 companies for Days Payable. This places Africa Bitcoin in the lower half of its industry. The industry median Days Payable is 72.22. Africa Bitcoin's value of 46.19 is 36% below this benchmark. Historically, Africa Bitcoin's own Days Payable has ranged from 51.94 to 105.78 over the past decade. While the company's 10-year median is 54.63 vs. the industry median of 72.22, Africa Bitcoin 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 an Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 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. Africa Bitcoin's current Days Payable of 46.19 is 36% 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 Africa Bitcoin and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Bitcoin's current Days Payable is 46.19, which is 15% below median its own 10-year median of 54.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BACA.PFD) has a current Days Payable of 46.19. The current Days Payable is 46.19, which is 15% below median its 10-year median of 54.63 and 36% below the Asset Management industry median of 72.22. Africa Bitcoin's overall GF Score™ is 12/100 with 3 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 Africa Bitcoin (JSE:BACA.PFD), the current Days Payable is 46.19 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
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R1.72
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